11th Class I.Com Part 1 Principles of Economics MCQ Test With Answer for Principles of Economics Full Book

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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

  • Total Questions15

  • Time Allowed20

Principles of Economics Icom Part 1 English Medium Online Test

00:00
Question # 1

Prof Fisher presented quantity theory of money in the form of an equation in

Question # 2

Comparative Cost theory of international trade was presented in:

Question # 3

According to which economist some trade cycles complete their cycle during a period of fifty years or sixty years

Question # 4

Public finance and private finance are of each other

Question # 5

One is not included in measuring National income

Question # 6

The money in which payment can be made only to certain extent is called

Question # 7

In law of decreasing cost, marginal cost

Question # 8

Inflation is created

Question # 9

If supply of a commodity is fixed, it is called

Question # 10

Stock means the quantity of a commodity

Question # 11

In balance of payment are included

Question # 12

Methods to derive economic laws:

Question # 13

Cause of shifting of supply curve is

Question # 14

MPP stand is

Question # 15

One of the following is considered as capital:


Topic Test

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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

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ICom Part 1 Principles of Economics ( English Medium) Important MCQ's

Sr.# Question Answer
1 Payment of zakat is compulsory for ----------- living in Islamic Country
A. Every person
B. Every Muslim
C. Only Poor Muslim
D. Only Sahib-e-Nisab Muslim
2 One of the following is not the fiscal measure to control inflation
A. Decrease in public expenditures
B. Increase in the value of money
C. Increase in taxes
D. Encouragement of saving
3 Methods to derive economic laws:
A. One
B. Two
C. Three
D. Four
4 Monopolist firm in the long run
A. Always faces loss
B. Usually faces loss
C. Usually earns normal profit
D. Always earns abnormal profit
5 Mental or physical work undertaken for reward by human being is called
A. Land
B. Labour
C. Capital
D. Organization
6 Founder of Classical school of thought was:
A. Adam smith
B. Marshall
C. Robbins
D. Keynes
7 If the rate of tax does not change with decrease or increase in the level of income, is called
A. Proportional tax
B. Progressive tax
C. Regressive tax
D. value added tax
8 Which kind of budget is better during the situation of deflation
A. Deficit budget
B. Surplus budget
C. Balanced budget
D. National budget
9 In which kind of economics, aggregate behaviors of the economy are reviewed
A. Theoretical
B. Applied
C. Micro
D. Macro
10 Which laws are definite and universal
A. Economic laws
B. Moral laws
C. State laws
D. Scientific laws
ic

11th Class Principles of Economics Online Test

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