Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
.jpg)
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
MCQ's Test For Chapter 1 "Economics Ics Part 1 English Medium Chapter 1 Online Test"
Try The MCQ's Test For Chapter 1 "Economics Ics Part 1 English Medium Chapter 1 Online Test"
-
Total Questions20
-
Time Allowed30
Economics Ics Part 1 English Medium Chapter 1 Online Test
00:00
Question # 1
Adam smith was a
Question # 2
One or more persons living together and having a common budget is called
Question # 3
Which one is the non-economic activity.
Question # 4
In which year Alfred Marshall wrote a book entitled "Principle of economics"
Question # 5
Economics is a science which studies.
Question # 6
Economics
Question # 7
Who was the founder of classical school of thought?
Question # 8
A positive statement
Question # 9
One of the following is not a characteristics of economic laws.
Question # 10
Which one is not doing an economic activity.
Question # 11
Prof. Marshall thinks
Question # 12
Marshall wrote the book
Question # 13
Which laws are implemented with an executive authority .
Question # 14
In economics, assumptions
Question # 15
Wealth of nations
Question # 16
Scope of economics is defined as:
Question # 17
Loinel Robbins wrote a book entitled "Nature and Significance of economic science" in.
Question # 18
Macro economics deals with
Question # 19
Market system means
Question # 20
The basic economic problem to all societies is
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
-
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 -
N Najma Yaqoob 09 - Jan - 2025 03 Min 40 Sec 16/20 -
M Mohammad Akhlaq 17 - Oct - 2024 03 Min 58 Sec 16/20 -
A Ahmed Palijo 11 - May - 2024 04 Min 54 Sec 16/20 -
K King Anas 21 - May - 2024 09 Min 29 Sec 16/20 -
H Hassan Raza 14 - May - 2024 02 Min 02 Sec 15/20 -
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 Anila Zaib 10 - May - 2024 12 Min 27 Sec 15/20
ICS Part 1 Economics Chapter 1 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Adam smith was a |
A. President of France
B. a modern economist
C. good sports man
D. classical economist
|
| 2 | Loinel Robbins wrote a book entitled "Nature and Significance of economic science" in. |
A. 1776
B. 1998
C. 1931
D. 1936
|
| 3 | Scarcity of goods means |
A. non availability of goods
B. high price of goods
C. People don't want to get such goods
D. the good is available but it is not free
|
| 4 | One of the following is not a part of macro economics. |
A. Public finance
B. International trade.
C. Consumer behaviour.
D. National income.
|
| 5 | Adam Smith wrote a book entitled "An enquiry into the nature and causes of wealth of nation" in. |
A. 1784
B. 1792
C. 1776
D. 1796
|
| 6 | Wants are unlimited for: |
A. Poor person
B. Rich person
C. All persons
D. None of them
|
| 7 | Which laws are always subjected to certain conditions. |
A. Social
B. Political
C. Moral
D. Economic
|
| 8 | 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
|
| 9 | Economics laws |
A. must be followed
B. are hated by people
C. show economic behavior of people
D. are unscientific
|
| 10 | Select the correct statement |
A. Economics affects politics
B. Economics affects history
C. Geography affects economics
D. all of the above are true
|
Test Questions