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Online Tests
Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test MCQs With Answers
Question # 1
Who said that economics is normative science ?
Choose an answer
Keynes
Robbins
Marshall
Rocher
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Question # 2
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 # 3
Marshall belonged to the country
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America
England
France
Japan
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Question # 4
Writing of the same behavior of the people in particular arrangement and words is called
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Normative science
Positive science
Economic law
Scientific law
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Question # 5
Who is father of economics
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Marshall
Malthus
Adam smith
Cannon
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Question # 6
Adam Smith belongs to:
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Poland
Scotland
Ireland
Holland
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Question # 7
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 # 8
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 # 9
Of what nature state laws are
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Local
Regional
National
International
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Question # 10
Cannon,. Pigou and Pareto belonged to school of thought
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Classical
Neo classical
Keynesian
None of these
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Question # 11
Who said that economics is positive science ?
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Adam smith
Marshall
Robbins
Keynes
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