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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
The price of non-economic want is always:
Question # 2
If quantity demand changes due to the change in income, it is called:
Question # 3
Free gift of nature is
Question # 4
At last, indirect tax is paid by
Question # 5
Who said that economics is the science of wealth ?
Question # 6
Points of Robbins definition are
Question # 7
Firm earns maximum profit at the point where
Question # 8
Following is not included in balance of payments:
Question # 9
When AC is falling then:
Question # 10
Who said that utility cannot be measured
Question # 11
Dividing total costs by the units of output is attained
Question # 12
Quantity supplied of a commodity extends because
Question # 13
Kinds of public expenditures are
Question # 14
If demand and supply both rise in the same proportion, then
Question # 15
According to which economist, utility is measureable
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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A aadi 18 - Apr - 2026 03 Min 36 Sec 15/15 -
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 -
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E Emansohail 28 - Feb - 2026 03 Min 39 Sec 12/15 -
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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 -
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
ICom Part 1 Principles of Economics ( English Medium) Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Private individuals are not allowed to fullfil their needs |
A. To get loans from the friends
B. To get financial help from the relatives
C. To get loans from the domestic financial institutions
D. To print notes
|
| 2 |
"What performs the functions of money, is money" This definition of money is stated by |
A. Prof Walker
B. Prof Marshall
C. Prof Crowther
D. Prof Pigou
|
| 3 | AR curve is also called: |
A. Supply curve
B. Demand curve
C. Utility curve
D. Cost curve
|
| 4 | Which one of the following is included in balance of payment |
A. Visible goods
B. Invisible goods
C. Visible & invisible goods
D. Non material goods
|
| 5 | Barter economy means the economy in which no good is generally accepted and goods are exchanged with goods. This definition is stated by the |
A. Prof Marshall
B. Stanlay Fisher
C. Culberon
D. Walker
|
| 6 | Price and demand has a relationship: |
A. Negative
B. Positive
C. Functional
D. Both a & c
|
| 7 | Elasticity of demand for luxuries is |
A. Equal to unity
B. More than unity
C. Less than unity
D. Zero
|
| 8 | Which one factor is free gift of nature ? |
A. Land
B. Labour
C. Capital
D. Organization
|
| 9 | Relationship between price and quantity demanded is called |
A. Demand schedule
B. Demand curve
C. Law of demand
D. Assumptions of law of demand
|
| 10 | Quantity of a commodity offered for sale in a market at a certain price during a given period of time, is called |
A. Stock
B. Demand
C. Supply
D. Quantity demanded
|
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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