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Online Short Questions For Chapter 1 "ICS Part 1 Economics English Medium Chapter 1 Short Questions Test "
Try The Short Questions For ICS Part 1 Economics English Medium Chapter 1 Short Questions Test
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Total Questions10
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Available Sets4
Economics - ICS Part 1 Economics English Medium Chapter 1 Short Questions Test
Question # 1
Write the branches of economics.
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Ans 1: 1- Descriptive Economics 2- Theoretical Economics 3- Policy Economcics
ICS Part 1 Economics English Medium Chapter 1 Short Questions Test - Set 1
Question # 1
Write the branches of economics.
-
Ans 1: 1- Descriptive Economics 2- Theoretical Economics 3- Policy Economcics
ICS Part 1 Economics English Medium Chapter 1 Short Questions Test - Set 2
Question # 1
Define Luxuries
- Ans 1: The goods which are necessitices or comforts but people having extra money want to get those are called luxuries. e.g. diamonds, expnesive carptes
ICS Part 1 Economics English Medium Chapter 1 Short Questions Test - Set 3
Question # 1
Define Public Vas Private goods.
- Ans 1: A publich goods is that whose benefits are indivisilbel i.e. when tihis is provided to some people other cannot be excluded from using it
- Ans 2: Private goods are excludable goods i.e. the epople owho do not pay for them can be excluded from theeir. use. A car is a private goods.
ICS Part 1 Economics English Medium Chapter 1 Short Questions Test - Set 4
Question # 1
Define Normative econoics.
- Ans 1: Normative economcs deals with desired economy
ICS Part 1 Economics Short Questions Test
Here you can prepare ICS Part 1 Economics English Medium Chapter 1. Click the button for 100% free full practice test.
