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Principles of Economics Icom Part 1 English Medium Online Test
Try The Principles of Economics Icom Part 1 English Medium Online Test
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Total Questions15
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Time Allowed20
Principles of Economics Icom Part 1 English Medium Online Test
00:00
Question # 1
Deductive method of deriving economic laws
Question # 2
During depression, a government prepares budget which is
Question # 3
If two goods are substitute, cross Elasticity of demand will be:
Question # 4
If demand changes by 10% due to 10% change in price, then elasticity of demand is called
Question # 5
The price of non-economic want is always:
Question # 6
If same amount of good is supplied at higher price, it is called
Question # 7
In case of international trade, trade restrictions are usually
Question # 8
Which book is named "Bible of Capitalism"
Question # 9
------------------- are added in national income
Question # 10
If demand rises more proportionately than that of supply, then
Question # 11
Theory of sun-spot was presented by
Question # 12
According to which economist, some factors are indivisble
Question # 13
According to law of diminishing marginal utility, Utility of every new (Additional) unit of commodity
Question # 14
According to which economist, it is difficult to find marginal product of a factor of production
Question # 15
Which one is comparatively the most important factor ?
Here is List Of Chapter Wise Tests
| Ch. # | Test Name | MCQs Available | PDF File | Launch Test |
|---|---|---|---|---|
| 1 | Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test | 130 | Download PDF | Launch Test |
| 2 | Principles of Economics Icom Part 1 English Medium Chapter 2 Online Test | 68 | Download PDF | Launch Test |
| 3 | Principles of Economics Icom Part 1 English Medium Chapter 3 Online Test | 194 | Download PDF | Launch Test |
| 4 | Principles of Economics Icom Part 1 English Medium Chapter 4 Online Test | 46 | Download PDF | Launch Test |
| 5 | Principles of Economics Icom Part 1 English Medium Chapter 5 Online Test | 50 | Download PDF | Launch Test |
| 6 | Principles of Economics Icom Part 1 English Medium Chapter 6 Online Test | 64 | Download PDF | Launch Test |
| 7 | Principles of Economics Icom Part 1 English Medium Chapter 7 Online Test | 49 | Download PDF | Launch Test |
| 8 | Principles of Economics Icom Part 1 English Medium Chapter 8 Online Test | 36 | Download PDF | Launch Test |
| 9 | Principles of Economics Icom Part 1 English Medium Chapter 9 Online Test | 67 | Download PDF | Launch Test |
| 10 | Principles of Economics Icom Part 1 English Medium Chapter 10 Online Test | 85 | Download PDF | Launch Test |
| 11 | Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test | 46 | Download PDF | Launch Test |
| 12 | Principles of Economics Icom Part 1 English Medium Chapter 12 Online Test | 66 | Download PDF | Launch Test |
| 13 | Principles of Economics Icom Part 1 English Medium Chapter 13 Online Test | 76 | Download PDF | Launch Test |
Top Scorers of Principles of Economics Icom Part 1 English Medium Online Test
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M Minahil Asif 08 - Jun - 2024 00 Min 51 Sec 14/15 -
S Sumaiya Alvi 23 - May - 2024 00 Min 19 Sec 12/15 -
F fatima raja 22 - May - 2024 02 Min 31 Sec 12/15 -
J jahanzaib kafi 22 - May - 2024 03 Min 19 Sec 12/15 -
I ishrat fatima 08 - Jun - 2024 02 Min 09 Sec 11/15 -
A Aisha Kashif 17 - Nov - 2024 03 Min 02 Sec 11/15 -
Z Zainab Malik 15 - May - 2024 03 Min 51 Sec 11/15 -
A Abdul Majeed 29 - Sep - 2025 06 Min 57 Sec 11/15 -
E Eman Fatima 07 - Jun - 2024 17 Min 18 Sec 11/15 -
S Shahmeer Malik 20 - Jul - 2024 02 Min 15 Sec 10/15 -
R Rose City 15 - May - 2024 02 Min 38 Sec 10/15 -
A Arif Nawaz 22 - May - 2024 03 Min 26 Sec 10/15 -
S Shad Ali Shah 31 - Jul - 2024 04 Min 26 Sec 10/15 -
G Ghazanfar Hero 08 - Jun - 2024 05 Min 10 Sec 10/15 -
M Malik Razzaq 15 - May - 2024 01 Min 42 Sec 9/15
ICom Part 1 Principles of Economics ( English Medium) Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | According to quantity theory of money, if quantity of money is doubled then prices are doubled while value of money is |
A. Doubled
B. One halved
C. Less than one halved
D. Not influenced
|
| 2 | The demand curve slopes |
A. upwards
B. Horizontal
C. vertical
D. downward to the right
|
| 3 | Zakat can not be given |
A. to get slaves free
B. To the collection of zakat
C. For the construction of Mosque
D. The converts
|
| 4 | One of the following is considered as capital: |
A. Land
B. Labour
C. Raw material
D. Both (a) and (b)
|
| 5 | Study of small units of an economic system is called |
A. Micro economics
B. Macro economics
C. Applied economics
D. All the three
|
| 6 | Demand for Giffen goods is: |
A. Negative
B. Vertical
C. Positive
D. All of them
|
| 7 | When supply decreases due to fall in price, it is called: |
A. Fall in supply
B. Contraction in supply
C. Expansion in supply
D. Rise in supply
|
| 8 | Foreign exchange is used in |
A. Local trade
B. Regional trade
C. Domestic trade
D. International trade
|
| 9 | How many conditions of firm's equilibrium are there ? |
A. One
B. Two
C. Three
D. Four
|
| 10 | Curve of law of diminishing marginal utility |
A. Moves from left to right downward
B. Moves from left to right upward
C. Firstly it has a tendency to rise up and after a certain limit it starts falling
D. It is parallel to ox-axis
|
11th Class Principles of Economics Online Test
Here you can prepare 11th Class Prin. of Economics English Medium Online Test. Click the button for 11th Class Prin. of Economics English Medium 100% free full practice test.
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