More Classes
5th Class
6th Class
7th Class
8th Class
9th Class
10th Class
11th Class
12th Class
NAT I
NAT II
CSS
IQ
General Knowledge
MDCAT
ECAT
GAT General
GAT Subject
Other Links
Go to Home
Online Tests
Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test MCQs With Answers
Question # 1
Study of large units of the economy is known as:
Choose an answer
Micro economics
Macro ecnomics
Applied economics
All of them
Previous
Skip
Next
Question # 2
Who said that economics is positive science ?
Choose an answer
Adam smith
Marshall
Robbins
Keynes
Previous
Skip
Next
Question # 3
To describe as it is, after seeing and analyzing any event, is known as
Choose an answer
Normative science
Positive science
Biological science
For casting science
Previous
Skip
Next
Question # 4
Who said that economics is positive science
Choose an answer
Adam Smith
Marshall
Robbins
Keynes
Previous
Skip
Next
Question # 5
Exact perdition not possible in:
Choose an answer
Economic laws
Science laws
Moral laws
Social law
Previous
Skip
Next
Question # 6
Economics is a science
Choose an answer
Political
Spiritual
Social
Scientific
Previous
Skip
Next
Question # 7
Which is not studied in micro economics ?
Choose an answer
Theory of consumer behaviour
Price theory
Theory of money
Theory of distribution of wealth
Previous
Skip
Next
Question # 8
Who did give economics the status of positive science
Choose an answer
Marshall
Robbins
Cannon
Pareto
Previous
Skip
Next
Question # 9
Who did separate economics from political science for the first time
Choose an answer
Marshall
Malthus
Adam smith
Ricardo
Previous
Skip
Next
Question # 10
Who did criticise the definition of Robbins
Choose an answer
Marshall
J.B. Clark
Beveridge
Pigou
Previous
Skip
Next
Question # 11
Founder of Classical school of thought was:
Choose an answer
Adam smith
Marshall
Robbins
Keynes
Previous
Skip
Next
Question # 12
Who is father of economics
Choose an answer
Marshall
Malthus
Adam smith
Cannon
Previous
Skip
Next
Question # 13
Who said that economics is the science of wealth ?
Choose an answer
Adam Smith
Robbins
Marshall
Pigou
Previous
Skip
Next
Question # 14
Deductive method of economic study.
Choose an answer
Systematic
General to particular
Universal to particular
Both (b) and (c)
Previous
Skip
Next
Question # 15
Micro economics related to
Choose an answer
International trade
Behavior of firm
National income
Personal income
Previous
Skip
Next
Question # 16
Who did name economics as science of satisfying unlimited wants with limited means
Choose an answer
Marshal
Adam Smith
Robbins
Pigou
Previous
Skip
Next
Back
