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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
Not acting upon economic laws
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One gets punishment
Economy faces loss
Only the people not acting, face loss
No one is influenced
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Question # 3
Who is the Founder of macro economics ?
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Marshall
Malthus
Adam smith
Keynes
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Question # 4
Economics according to its scope is
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Science
Art
Science & Art
Only positive science
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Question # 5
To derive economic laws inductive method was adopted by
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Classical school of thought
Neo classical school of thought
Historical school of thought
Modern school of thought
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Question # 6
Economics is concerned with the attainment of material requisites
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Robbins
Marshall
Pareto
Senior
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Question # 7
Which economist said that, economics cannot be separated from spiritual values?
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Marshall
Robbins
Adam smith
Voton
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Question # 8
In which year the book named "Principles of Economics" was written
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1805
1890
1903
1915
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Question # 9
"Principles of Economics" was written by.
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Adam smith
Marshall
Robbins
Canon
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Question # 10
Laws which reflect religion of society
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Economic laws
State laws
Scientific laws
Moral laws
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Question # 11
Which economist introduced economics as a science for the first time
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Adam Smith
Robbins
Marshall
Pigou
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Question # 12
Which laws are conditional
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State
Economic
Scientific
Moral
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Question # 13
Who did name Economics as the science of mammon worship and dismal science
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Marshall
Keynes
John Ruskin & Carlyle
Pigou
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Question # 14
Founder of neo-classical school of thought:
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Adam Smith
Marshall
Robbins
Keynes
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Question # 15
In which year Kenyens wrote his book "General theory of employment, interest and money
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1929
1931
1934
1936
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Question # 16
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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