11th Class ICom Part 1 Principles of Economics Chapter Wise Online MCQ Test With Answers PDF English Medium

Principles of Economics Icom Part 1 English Medium Online Test

Sr. #	Questions	Answers Choice
1	Cannon,. Pigou and Pareto belonged to school of thought	Classical Neo classical Keynesian None of these
2	Walker, senior and Malthus belonged to school of thought	Classical Neo classical Keynesian None of these
3	The science in which conditions and incidents are checked from a particular point of view, is called	Positive science Normative science Social science All of three
4	Who did criticise the definition of Robbins	Marshall J.B. Clark Beveridge Pigou
5	Economic problem arises because human wants	Are unlimited Are limited Do not exists None of three
6	The goods which are directly consumed by the human-being, are called	Consumer goods Capital goods Industrial goods None of the three
7	The non-material activities which have the ability to satisfy human wants indirectly, are called	Goods Services Satisfaction None of the three
8	Who did introduce Macro Economics	Marshall N.W. Senior J.M. Keynes Ricardo
9	In which kind of economics, aggregate behaviors of the economy are reviewed	Theoretical Applied Micro Macro
10	The conditions which are essentially kept constant for the application of economic laws, are called	Changes Assumptions Limitations Theories
11	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
12	Behavior adopted on the basis of unlimited wants and limited means, is named	Science Art Economics Struggle
13	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
14	Writing of the same behavior of the people in particular arrangement and words is called	Normative science Positive science Economic law Scientific law
15	According to Marshall, Economics is	Social Science Correcting science Positive science Moral science

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