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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
Demand for luxuries goods is:
Question # 2
Under perfect competition, marginal revenue and average revenue curves
Question # 3
When total product increases, marginal product
Question # 4
In which year international monetary fund was established
Question # 5
One of the following is not include in national income:
Question # 6
When marginal product is zero, total product is
Question # 7
Slope of demand curve of exceptions of law of demand is
Question # 8
The expected rate of profit from a business is known as:
Question # 9
In case of fall in demand, demand curve shifts:
Question # 10
TC = TFC +:
Question # 11
According to Pigou national income is that part of material wealth
Question # 12
Under monopoly, marginal revenue is _____ of output
Question # 13
Exchange of goods with goods is called
Question # 14
Wealth tax, income tax, property tax etc are
Question # 15
Difficulties in barter system:
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 | Total utility increases when marginal utility is |
A. Positive
B. Negative
C. Zero
D. Minimum
|
| 2 | Oligopoly means: |
A. Single seller
B. Two seller
C. Multiple sellers
D. Multiple buyers
|
| 3 | Cannot be separated from labourer |
A. Land
B. Labour
C. Capital
D. Organization
|
| 4 | Supply curve shifts due to better technique of production |
A. Rightward
B. Leftward
C. Does not change
D. Vertical
|
| 5 | If we subtract direct taxes from personal income, we get |
A. Net national income
B. Net domestic income
C. Disposable personal income
D. Personal savings
|
| 6 | A firm suffers abnormal losse, when: |
A. AC = AR
B. AVC = AR
C. AVC < AR
D. AVC > AR
|
| 7 | To increase profit a firm minimises |
A. revenues
B. costs
C. demand
D. supply
|
| 8 | Demand for luxuries in |
A. Les elastic
B. More elastic
C. Perfectly elastic
D. Perfectly inelastic
|
| 9 | If supply decreases due to decrease in price, it is called |
A. Extension of supply
B. Contraction of supply
C. Rise of supply
D. Fall of supply
|
| 10 | Prices during the situation of inflation |
A. Increase
B. Decrease
C. Do not change
D. Become zero
|
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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