11th class Principles of Economics chapter 1 online mcq test with answers for I.Com part 1 Principles of Economics chapter 1(Definition of Economics)

Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test

Sr. #	Questions	Answers Choice
1	Who did introduce Macro Economics	Marshall N.W. Senior J.M. Keynes Ricardo
2	In which kind of economics, aggregate behaviors of the economy are reviewed	Theoretical Applied Micro Macro
3	The conditions which are essentially kept constant for the application of economic laws, are called	Changes Assumptions Limitations Theories
4	Economic point of view of the supporters of which school of thought is the name of feeling and mental state	Classical Neo classical Ancient Modern
5	Behavior adopted on the basis of unlimited wants and limited means, is named	Science Art Economics Struggle
6	When after the observation and analysis of the conditions, they are stated as they are, is called	Normative science Positive science Vegetation science Science of Prediction
7	Writing of the same behavior of the people in particular arrangement and words is called	Normative science Positive science Economic law Scientific law
8	According to Marshall, Economics is	Social Science Correcting science Positive science Moral science
9	According to Neo Classical economists, Economics is science of	Scarcity of means Material welfare Wealth Unlimited wants
10	Which side of life of human being is analysed in economics	Political Social Economic Moral
11	To derive economic laws deductive method was adopted by	Classical school of thought Neo classical school of thought Historical school of thought Modern school of thought
12	To derive economic laws inductive method was adopted by	Classical school of thought Neo classical school of thought Historical school of thought Modern school of thought
13	Laws which reflect religion of society	Economic laws State laws Scientific laws Moral laws
14	State laws are of	Regional nature Country nature International nature Non of three
15	Who said that economics is positive science	Adam Smith Marshall Robbins Keynes

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