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This online test contains MCQs about following topics:
Variables and Constant ,Parametrs ,Equations, Simultaneous Equation,Graphs of Equations,Functions,Statistics ,Data Collection,Classification and Tabulations
MCQ's Test For Chapter 3 "Economics Ics Part 1 English Medium Chapter 3 Online Test"
Try The MCQ's Test For Chapter 3 "Economics Ics Part 1 English Medium Chapter 3 Online Test"
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Total Questions20
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Time Allowed30
Economics Ics Part 1 English Medium Chapter 3 Online Test
00:00
Question # 1
One of the following will not be an assumption of the law of diminishing marginal utility.
Question # 2
Marginal utility of a product is the utility obtained by consuming.
Question # 3
Total utility is maximised when.
Question # 4
In mathematics which letters at the end of alphabet are used to represent variables
Question # 5
A contour line which slopes downward from left to right and yield equal level of satisfaction to consumer with the given income is.
Question # 6
According to law of equi-marginal utility a consumer will maximises his total utility when
Question # 7
Law of equi marginal utility provides basis for.
Question # 8
A variable is a symbol which, during a discussion, may assume different values or a set of admissible values. This is the definition of
Question # 9
Constant are represented by symbol
Question # 10
How many kinds of data?
Question # 11
If we plot the equation y = 20 +3x, its slope is
Question # 12
How many kinds of Function
Question # 13
Who introduced indifference curves to explain consumer's beghavior
Question # 14
According to law of diminishing marginal utilities , a consumer maximises his total utility where.
Question # 15
Initial utility of a product is :
Question # 16
Law of equimarginal utility is also called.
Question # 17
if X and Y scales are the same a line making 45-degree angle with X-axis has slope
Question # 18
To show data in tables, we must first
Question # 19
One of the following is not an exception to the law of diminishing marginal utility .
Question # 20
The relationship between two variables that move in the same direction is called
ICS Part 1 Economics Chapter 3 MCQs Test
Top Scorers Of Chapter 3 "Economics Ics Part 1 English Medium Chapter 3 Online Test" MCQ`s Test
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H hafsa Mumtaz 10 - May - 2024 00 Min 04 Sec 20/20 -
R Reta Rossie 29 - Apr - 2024 00 Min 04 Sec 20/20 -
Z Zafar Ali 22 - May - 2024 00 Min 16 Sec 20/20 -
L Laiba Muqaddas 25 - Jul - 2024 00 Min 20 Sec 20/20 -
A Anum Fatima 19 - Jun - 2023 00 Min 51 Sec 20/20 -
G Goldenwords Goldenwords 09 - Jul - 2023 01 Min 47 Sec 20/20 -
T Tazmeen Afaq 21 - Jul - 2023 02 Min 08 Sec 18/20 -
P Priya Yash 04 - May - 2024 02 Min 38 Sec 18/20 -
F Fatima Romel 20 - Mar - 2023 02 Min 41 Sec 17/20 -
B Bano Begum 09 - May - 2024 04 Min 51 Sec 17/20 -
A Abdullah Ahmed 09 - Mar - 2023 00 Min 08 Sec 16/20 -
Z Zaina Ch 10 - May - 2024 01 Min 43 Sec 15/20 -
M M.Attiq-U-Rehman 24 - Nov - 2023 02 Min 34 Sec 15/20 -
M Maryam Akram 21 - Apr - 2024 02 Min 45 Sec 15/20 -
E Eman 19 - Jul - 2024 02 Min 56 Sec 15/20
ICS Part 1 Economics Chapter 3 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | The first law of consumption was presented by. |
A. Robert Malthus
B. Loinel Robbins
C. Alfred Marshall
D. Pareto
|
| 2 | One of the following is not an exception to the law of diminishing marginal utility . |
A. Money
B. Knowledge
C. Music
D. Non of them
|
| 3 | In mathematics which letters at the end of alphabet are used to represent variables |
A. (u,v,w,x,y,z)
B. (a,b.c.d.e.f.g)
C. (a.b.c.u.v.w)
D. ((x,y,z,a,b,c)
|
| 4 | Total utility is maximised when. |
A. Marginal utility is zero
B. Marginal utility falls
C. Marginal utility rises
D. Non of the above
|
| 5 | Law of diminishing marginal utility provides basis for: |
A. Law of demand
B. Law of supply
C. Laws of returns
D. Law of variable proportions
|
| 6 | The relationship between two variables that move in the same direction is called |
A. neutral
B. positive
C. independent
D. dependent
|
| 7 | How many kinds of data? |
A. 2
B. 3
C. 4
D. 5
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| 8 | Constant are represented by symbol |
A. C
B. V
C. P
D. U
|
| 9 | To measure changes in purchasing power of money, we use |
A. percentages
B. index numbers
C. averages
D. variables
|
| 10 | Which is the general form of quadratic equation |
A. x2-x-20 = 0
B. ax2+bx +c = 0
C. x2- x -c =0
D. None of these
|
Test Questions
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