11th class Economics chapter 1 online mcq test with answers for ICS part 1 Economics chapter 1 (Nature and Scope)

This online test contains MCQs about following topics:

Human Wants,Utility,Scarcity,Defination By Adam Smith,Marshall and Robbins,Modern View of Economics ,Comparison of Defination , Methods of Economics ,Economics Theory, Economic Principle ,Policy Economics , Micro Vs Macroeconomics ,Economics Laws Deductive and Inductive Methods

ICS Part 1 Economics Chapter 1 Test

Start Chapter 1 Test

ICS Part 1 Economics Chapter Wise Test

Top Scorers Of Chapter 1 "Economics Ics Part 1 English Medium Chapter 1 Online Test" MCQ`s Test

S

Sikander Mughal 17 - Nov - 2024 04 Min 37 Sec 20/20
L

Laiba Muqaddas 25 - Jul - 2024 04 Min 48 Sec 20/20
Z

Zafar Ali 22 - May - 2024 00 Min 10 Sec 19/20
A

Ali Jutt 31 - May - 2024 05 Min 02 Sec 18/20
S

Salman Malik 24 - Jul - 2024 04 Min 12 Sec 17/20
E

Eman 19 - Jul - 2024 02 Min 36 Sec 16/20
A

Abdullah Safdar 23 - Jun - 2026 02 Min 44 Sec 16/20
N

Najma Yaqoob 09 - Jan - 2025 03 Min 40 Sec 16/20
M

Mohammad Akhlaq 17 - Oct - 2024 03 Min 58 Sec 16/20
K

King Anas 21 - May - 2024 09 Min 29 Sec 16/20
A

Ainan ali 24 - Jul - 2024 02 Min 45 Sec 15/20
F

Faiqa Shahid 20 - Jul - 2024 03 Min 24 Sec 15/20
R

rehman khalid 30 - Jun - 2024 04 Min 02 Sec 15/20
A

Aiman Sadaqet 30 - Apr - 2026 04 Min 32 Sec 15/20
Q

Qazi Mohid 09 - Jun - 2026 06 Min 25 Sec 15/20

ICS Part 1 Economics Chapter 1 Important MCQ's

Sr.#	Question	Answer
1	Scarcity means	A. non availability of goods B. high price of goods C. less supply than demand D. high profit of the firms
2	Basic economic problem is	A. inflation B. unemployment C. scarcity D. lack of money
3	Macro economics deals with	A. how to buy groceries B. aggregate economics activity C. establishment of a new firm D. industrial activity
4	Economics theory means	A. economic policy B. economic principles C. descriptive economics D. economics facts
5	Which one is not doing an economic activity.	A. One who is offering prayers. B. One who works for wage. C. One who rents out his property . D. One who is an employee of Government
6	Scope of economics is defined as:	A. Individual and aggregate economic behaviour of the people. B. Subject matter of economics. C. Welfare Economics. D. All of the abpove
7	Three basic economics problems are	A. what, how and for whom B. why, where and when C. what, which and how much D. what, which and why
8	Marshall wrote the book	A. Classical economics B. Introduction to economics C. Micro economics theory D. Principles of economics
9	Which type of problems are brought under discussion in micro economics .	A. Consumer's behaviour B. International trade C. Balance of payment D. Public finance
10	In which year Alfred Marshall wrote a book entitled "Principle of economics"	A. 1850 B. 190 C. 1870 D. 1890

Latest Educational News Stories

Pakistan's Largest Database of Colleges and Universities

BS Programs

University Past Papers

University Results

Exam Results 2024

Study Abroad Programs and Opportunities for Pakistani Students

First Year Economics Chapter 1 Online MCQ Test for 1st Year Economics Chapter 1 (Nature and Scope)

ICS Part 1 Economics Chapter 1 Test

ICS Part 1 Economics Chapter Wise Test

MCQ's Test For Chapter 1 "Economics Ics Part 1 English Medium Chapter 1 Online Test"

Economics Ics Part 1 English Medium Chapter 1 Online Test

Ceteris paribus means

Economics

Robbins in his definition

Which statement is true?

Scarcity exists

Prof. Robins wrote a book in 1931 entitled.

One of the following is not studied in Micro economics.

Economic problems arises because of.

Which one is not doing an economic activity.

Who was the exponent of welfare economics.

Who was the exponent of macro economics in recent times.

Which laws are implemented with an executive authority .

Economic principle are also called

normative economics

Who criticized economics as "dismal Science".

Marshall is his definition of economics

One or more persons living together and having a common budget is called

Adam smith was a

Market system means

Economics is a science which studies.

Prepare Complete Set Wise Chapter 1 "Economics Ics Part 1 English Medium Chapter 1 Online Test" MCQs Online With Answers

Set 1

Set 2

Set 3

Set 4

Topic Test

ICS Part 1 Economics Chapter 1 MCQs Test

Top Scorers Of Chapter 1 "Economics Ics Part 1 English Medium Chapter 1 Online Test" MCQ`s Test

ICS Part 1 Economics Chapter 1 Important MCQ's

Test Questions

Share your comments & questions here

Afzal Rehmani

jarrar

Hammad gujjar

Mir Abdulrehman