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

Which of the following stated that utility is measurable

Question # 2

Formula method to measure elasticity of supply is related to

Question # 3

Supply means

Question # 4

Who did name economics as science of satisfying unlimited wants with limited means

Question # 5

Production of an additional unit of factor refers to:

Question # 6

Cheque is which kind of money:

Question # 7

Wages of temporary labourers are:

Question # 8

Demand for necessities of life is

Question # 9

Which one is increasing function of price

Question # 10

The cause of shifting of supply curve is

Question # 11

When total utility is decreasing, marginal utility is

Question # 12

One of the following is considered as capital:

Question # 13

If supply is fixed then due to fall of demand

Question # 14

Which is considered as a transfer payment

Question # 15

Price of perishable goods is determined


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 During recession demand for factors of production is
A. More
B. Limited
C. Very low
D. Too much
2 Free gift of nature is
A. Land
B. Labour
C. Capital
D. Organization
3 Due to fall in demand, curve shifts to
A. Right
B. Left
C. Both sides
D. None of these
4 Short run cost curves are generally
A. flatter
B. u shaped
C. saucer shaped
D. oval
5 How many kinds of science are
A. Two
B. Three
C. Four
D. Five
6 Laws cannot be predicted
A. Scientific laws
B. Moral laws
C. Economic laws
D. Natural laws
7 At equilibrium price, demand and supply
A. Increase
B. Become equal
C. Decrease
D. are different
8 Which economist stated that utility is not measurable
A. Adam Smith
B. Marshall
C. Cannon
D. Hicks
9 The percentage part of the agricultural produce is payable as Zakat which is irrigated by artificial sources
A. 5%
B. 10%
C. 15%
D. 20%
10 Rate of Zakat is
A. 1 %
B. 2%
C. 2.5%
D. 5%
ic

11th Class Principles of Economics Online Test

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