Principles of Economics Icom Part 1 English Medium Online Test With Answers

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Principles of Economics Icom Part 1 English Medium Online Test

Sr. # Questions Answers Choice
1 Utility of a commodity is zero, when Want is satisfied upto a certain extent Want is fully satisfied Utility is positive Want is not satisfied
2 Feature of a commodity to satisfy human want, is called Value Usefulness Utility Wealth
3 Who did write the book named "Nature and importance of economics" Adam smith Marshall Robbins Keynes
4 Who did separate economics from political science for the first time Marshall Malthus Adam smith Ricardo
5 Who did name Economics as the science of mammon worship and dismal science Marshall Keynes John Ruskin & Carlyle Pigou
6 Who did say that Economics is science of material welfare Adam smith Marshall Ricardo Robbins
7 In which year the book named "Principles of Economics" was written 1805 1890 1903 1915
8 Who did write the book named "Principles of Economics" was written Adam smith Marshall Robbins Cannon
9 Founder of new classical school of thought was Adam smith Marshall Robbins Keynes
10 Economics is a science Political Spiritual Social Scientific
11 Founder of classical school of thought was Adam smith Marshall Robbins Keynes
12 In how many parts professor Adam smith divided his book "Wealth of nations" Two Three Four Five
13 In which year the book named "An enquiry into the nature and causes of the wealth of nations" was written 1696 1776 1803 1825
14 Who did write the book named "An enquiry into the nature and causes of the wealth of nations" Adam smith Marshall Robbins Canon
15 Who said that economics is science of wealth Adam smith Robbins Marshall Pigou
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