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Online Tests
Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test MCQs With Answers
Question # 1
In which year the book named "An enquiry into the nature and causes of the wealth of nations" was written
Choose an answer
1696
1776
1803
1825
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Question # 2
Which laws are conditional
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State
Economic
Scientific
Moral
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Question # 3
Propounder of economics was
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Robbins
Marshall
Adam smith
Keynes
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Question # 4
How many are kinds of theoretical economics
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Two
Three
Four
Five
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Question # 5
Economic laws are:
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Definite and universal
Conditional
Moral
Political
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Question # 6
Who said that economics is science of unlimited wants and limited means
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Adam Smith
Marshall
Pigou
Robbins
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Question # 7
Marshall belonged to the country
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America
England
France
Japan
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Question # 8
Founder of modern school of thought:
Choose an answer
Adam smith
Marshall
Ricardo
Robbins
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Question # 9
Micro economics related to
Choose an answer
International trade
Behavior of firm
National income
Personal income
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Question # 10
In how many parts professor Adam smith divided his book "Wealth of nations"
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Two
Three
Four
Five
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Question # 11
The whom individuals Marshal included in definition of economics
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Service of teachers
People living in forests
Trading professionals
People living in caves
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