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Online Tests
Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test MCQs With Answers
Question # 1
Which economist did name economics as neutral science
Choose an answer
Pigou
Keynes
Robbins
Marshall
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Question # 2
Who said that you can not become good citizen if you have no economist with you
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Marshall
Pigou
Keynes
Voton
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Question # 3
Study of large units of the economy is known as:
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Micro economics
Macro ecnomics
Applied economics
All of them
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Question # 4
According to Marshall, Economics is
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Social Science
Correcting science
Positive science
Moral science
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Question # 5
Which book is named "Bible of Capitalism"
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Wealth of nations
Das capital
Principles of economics
General theory of employment, interest and money
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Question # 6
Factors of production are:
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Two
Three
Four
Five
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Question # 7
Which is not studied in micro economics
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Theory of consumer behavior
Price theory
Theory of money
Theory of distribution of wealth
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Question # 8
Who did separate economics from political science for the first time
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Marshall
Malthus
Adam smith
Ricardo
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Question # 9
Which one is not studied in micro economic
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National income
Consumer behavior
Market equilibrium
Firm's equilibrium
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Question # 10
Who did criticise the definition of Robbins
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Marshall
J.B. Clark
Beveridge
Pigou
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Question # 11
How many kinds are of positive economics
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Two
Three
Four
Five
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Question # 12
Which laws are conditional
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State
Economic
Scientific
Moral
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Question # 13
Founder of classical school of thought was
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Adam smith
Marshall
Robbins
Keynes
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Question # 14
The non-material activities which have the ability to satisfy human wants indirectly, are called
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Goods
Services
Satisfaction
None of the three
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Question # 15
Word of economics has been derived from "Oikonomos" which is word of the language
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French
Latin
Russian
None of them
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Question # 16
Who did write the book named "General theory of employment, interest and money"
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Marshall
Pigou
Adam Smith
Keynes
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