1 |
To derive economic laws inductive method was adopted by |
- A. Classical school of thought
- B. Neo classical school of thought
- C. Historical school of thought
- D. Modern school of thought
|
2 |
Economics is a science |
- A. Political
- B. Spiritual
- C. Social
- D. Scientific
|
3 |
Who said that economics is normative science ? |
- A. Keynes
- B. Robbins
- C. Marshall
- D. Rocher
|
4 |
Writing of the same behavior of the people in particular arrangement and words is called |
- A. Normative science
- B. Positive science
- C. Economic law
- D. Scientific law
|
5 |
According to Marshall, Economics is |
- A. Social Science
- B. Correcting science
- C. Positive science
- D. Moral science
|
6 |
Who is father of economics |
- A. Marshall
- B. Malthus
- C. Adam smith
- D. Cannon
|
7 |
Which one is not studied in micro economic |
- A. National income
- B. Consumer behavior
- C. Market equilibrium
- D. Firm's equilibrium
|
8 |
In which punishment is not applicable for the disobedience, the laws are |
- A. Moral laws
- B. Laws of state
- C. Political laws
- D. Economic laws
|
9 |
According to Robbins, the basic concept of Economics is |
- A. Political problem
- B. Economic problem
- C. Psychological problem
- D. Religious problem
|
10 |
In which year the book named "An enquiry into the nature and causes of the wealth of nations" was written |
- A. 1696
- B. 1776
- C. 1803
- D. 1825
|