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Online Tests
Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test MCQs With Answers
Question # 1
The goods which are directly consumed by the human-being, are called
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Consumer goods
Capital goods
Industrial goods
None of the three
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Question # 2
Are included in welfare economist
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Ricardo and J.S. Mill
Robbins and Keynes
Cannon and Pigou
Malthus and Keynes
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Question # 3
Micro economics studies related to:
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National income
Unemployment
Trade cycle
Consumers behaviour
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Question # 4
Which economist did name economics as neutral science
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Pigou
Keynes
Robbins
Marshall
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Question # 5
The science in which conditions and incidents are checked from a particular point of view, is called
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Positive science
Normative science
Social science
All of three
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Question # 6
Which laws are conditional
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State
Economic
Scientific
Moral
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Question # 7
Which economist is called Aristotal of economics
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Marshall
Keynes
Adam Smith
Malthus
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Question # 8
Micro economics studies related to
Choose an answer
National income
Unemployment
Trade cycle
Consumer's behavior
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Question # 9
Founder of classical school of thought was
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Adam smith
Marshall
Robbins
Keynes
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Question # 10
Which is not studied in macro economics
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National income
Money and banking
Price theory
Public finance
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Question # 11
Marshall belonged to the country
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America
England
France
Japan
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Question # 12
Who did criticise the definition of Robbins
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Marshall
J.B. Clark
Beveridge
Pigou
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Question # 13
Which economist did present the concept of macro economics
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Adam Smith
Marshall
Pigou
Keynes
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Question # 14
Who is called founder of modern school of thought
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Robbins
Cannon
Keynes
Malthus
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Question # 15
"General theory of employment, interest and money" was written in:
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1930
1936
1932
1890
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Question # 16
"General theory of employment, interest and money" was written by:
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Robbins
Pigou
Keynes
Canon
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