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
Who said that economics is science of unlimited wants and limited means
Choose an answer
Adam Smith
Marshall
Pigou
Robbins
Previous
Skip
Next
Question # 2
Which economist said that, economics cannot be separated from spiritual values?
Choose an answer
Marshall
Robbins
Adam smith
Voton
Previous
Skip
Next
Question # 3
Economics is a science
Choose an answer
Political
Spiritual
Social
Scientific
Previous
Skip
Next
Question # 4
Who did separate economics from political science for the first time
Choose an answer
Marshall
Malthus
Adam smith
Ricardo
Previous
Skip
Next
Question # 5
Which economist did name economics as neutral science
Choose an answer
Pigou
Keynes
Robbins
Marshall
Previous
Skip
Next
Question # 6
"The nature and significance of economic sciences" was written by:
Choose an answer
Adam smith
Marshall
Robbins
Canon
Previous
Skip
Next
Question # 7
Which economist is called Aristotal of economics
Choose an answer
Marshall
Keynes
Adam Smith
Malthus
Previous
Skip
Next
Question # 8
Which side of life of human being is analysed in economics
Choose an answer
Political
Social
Economic
Moral
Previous
Skip
Next
Question # 9
Are included in welfare economist
Choose an answer
Ricardo and J.S. Mill
Robbins and Keynes
Cannon and Pigou
Malthus and Keynes
Previous
Skip
Next
Question # 10
To derive economic laws deductive method was adopted by
Choose an answer
Classical school of thought
Neo classical school of thought
Historical school of thought
Modern school of thought
Previous
Skip
Next
Question # 11
State laws are of
Choose an answer
Regional nature
Country nature
International nature
Non of three
Previous
Skip
Next
Question # 12
Which is not studied in macro economics
Choose an answer
National income
Money and banking
Price theory
Public finance
Previous
Skip
Next
Question # 13
Who did write the book named "An enquiry into the nature and causes of the wealth of nations"
Choose an answer
Adam smith
Marshall
Robbins
Canon
Previous
Skip
Next
Question # 14
Propounder of economics was
Choose an answer
Robbins
Marshall
Adam smith
Keynes
Previous
Skip
Next
Question # 15
Who said that economics is normative science ?
Choose an answer
Keynes
Robbins
Marshall
Rocher
Previous
Skip
Next
Question # 16
Founder of modern school of thought:
Choose an answer
Adam smith
Marshall
Ricardo
Robbins
Previous
Skip
Next
Back
