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Online Tests
Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test MCQs With Answers
Question # 1
How many kinds are of positive economics
Choose an answer
Two
Three
Four
Five
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Question # 2
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 # 3
Who said that economics is neutural science ?
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Pigou
Keynes
Robbins
Marshall
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Question # 4
Methods of deriving economic laws are
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Two
Three
Four
Five
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Question # 5
Factors of production are:
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Two
Three
Four
Five
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Question # 6
Study of large aggregated of economic system is called
Choose an answer
Micro economics
Macro economics
Applied economics
All the three
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Question # 7
Walker, senior and Malthus belonged to school of thought
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Classical
Neo classical
Keynesian
None of these
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Question # 8
Who did write the book named "An enquiry into the nature and causes of the wealth of nations"
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Adam smith
Marshall
Robbins
Canon
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Question # 9
How many are kinds of economics
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Two
Three
Four
Five
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Question # 10
In which punishment is not applicable for the disobedience, the laws are
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Moral laws
Laws of state
Political laws
Economic laws
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Question # 11
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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Question # 12
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 # 13
In which year the book named "Principles of Economics" was written
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1805
1890
1903
1915
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Question # 14
Who said that economics is positive science ?
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Adam smith
Marshall
Robbins
Keynes
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Question # 15
Methods to derive economic laws:
Choose an answer
One
Two
Three
Four
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Question # 16
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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