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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
In which year the book named "An enquiry into the nature and causes of the wealth of nations" was written
Question # 2
In which direction demand and supply curves move
Question # 3
Not acting upon economic laws
Question # 4
When total product increases, marginal product
Question # 5
The quantity of commodity which exists in warehouse (stock) of the seller is called
Question # 6
Which economist said that the term demand for money should be used instead of circulation of money
Question # 7
Demand for luxuries in
Question # 8
Relationship of value of money with quantity of money is
Question # 9
If supply of a commodity changes by less than 10% due to a 10% change in its price, then elasticity of supply will be
Question # 10
According to which economist, duration of a trade cycle is 9 to 10 years
Question # 11
When average product increase, marginal product
Question # 12
Which thing of the following should be subtracted from gross national product to get net national product
Question # 13
Which one is comparatively the most important factor ?
Question # 14
What is money
Question # 15
If the percentage change in supply is more than the percentage change in price, then elasticity of supply is called
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 | Under increasing return, the slope of marginal product curve is |
A. Positive
B. Negative
C. Infinite
D. Zero
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| 2 | After deducting direct tax from personal income, it is called |
A. National income
B. personal income
C. Disposable personal income
D. per capital income
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| 3 | The supply curve of Fish is |
A. More elastic
B. Less elastic
C. Inelastic
D. Infinite elastic
|
| 4 | Income received without any economic services: |
A. National Income
B. Transfer payments
C. Interest
D. Profit
|
| 5 | Transfer payments are included in the income |
A. National income
B. Gross domestic product
C. Personal income
D. Disposable personal income
|
| 6 | Individual income means |
A. Total of incomes received from any means by the people
B. Total of incomes of entrepreneurs of the country
C. Income of a particular person
D. Income of a family
|
| 7 | Price discrimination policy refers to: |
A. Single price
B. Two prices
C. Multiple prices
D. None of these
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| 8 | Which thing should be added in net national product to get gross national product |
A. Direct taxes
B. Indirect taxes
C. Depreciation allowance
D. Subsidies
|
| 9 | Points of Robbins definition are |
A. Two points
B. Four points
C. Economic points
D. Practical points
|
| 10 | Economics is concerned with the attainment of material requisites |
A. Robbins
B. Marshall
C. Pareto
D. Senior
|
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.
Test Questions
Share your comments & questions here
zaheer hussain
13 Oct 2019which answers of given questions were wrong in my online test?
Taha shah
06 Aug 2019I love this website i may help the young genretion.
Ibrahim
24 Mar 2019Need economic full book mcqs
Fahid ali
13 Mar 2019I like it
User0
10 Mar 2019kabhi kabhi obtained Mark's wrong hotey hein