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Principles of Economics Icom Part 1 English Medium Online Test
Try The Principles of Economics Icom Part 1 English Medium Online Test
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Total Questions15
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Time Allowed20
Principles of Economics Icom Part 1 English Medium Online Test
00:00
Question # 1
One of the following is not the difficulty of the barter system
Question # 2
Factor of production which is used to earn more income, is called
Question # 3
The period in which an economy comes back from prosperity to depression is called
Question # 4
Disposable personal income means
Question # 5
The percentage part of the mineral production is payable as Zakat on private owners of minerals
Question # 6
In which year Kenyens wrote his book "General theory of employment, interest and money
Question # 7
In balance of payments are included:
Question # 8
Supply of the one of the following is not fixed:
Question # 9
In order to improve the balance of payment the foremost try is to increase
Question # 10
Other tern used for demand for factor is:
Question # 11
The cause of rise and fall of demand is
Question # 12
In which phase of a trade cycle production, employment, wages and rate of interest etc start rising gradually
Question # 13
When total utility is decreasing, marginal utility is
Question # 14
The trade that takes place between the inhabitants of two countries is called
Question # 15
International trade is based on the following except
Here is List Of Chapter Wise Tests
| Ch. # | Test Name | MCQs Available | PDF File | Launch Test |
|---|---|---|---|---|
| 1 | Principles of Economics Icom Part 1 English Medium Chapter 1 Online Test | 130 | Download PDF | Launch Test |
| 2 | Principles of Economics Icom Part 1 English Medium Chapter 2 Online Test | 68 | Download PDF | Launch Test |
| 3 | Principles of Economics Icom Part 1 English Medium Chapter 3 Online Test | 194 | Download PDF | Launch Test |
| 4 | Principles of Economics Icom Part 1 English Medium Chapter 4 Online Test | 46 | Download PDF | Launch Test |
| 5 | Principles of Economics Icom Part 1 English Medium Chapter 5 Online Test | 50 | Download PDF | Launch Test |
| 6 | Principles of Economics Icom Part 1 English Medium Chapter 6 Online Test | 64 | Download PDF | Launch Test |
| 7 | Principles of Economics Icom Part 1 English Medium Chapter 7 Online Test | 49 | Download PDF | Launch Test |
| 8 | Principles of Economics Icom Part 1 English Medium Chapter 8 Online Test | 36 | Download PDF | Launch Test |
| 9 | Principles of Economics Icom Part 1 English Medium Chapter 9 Online Test | 67 | Download PDF | Launch Test |
| 10 | Principles of Economics Icom Part 1 English Medium Chapter 10 Online Test | 85 | Download PDF | Launch Test |
| 11 | Principles of Economics Icom Part 1 English Medium Chapter 11 Online Test | 46 | Download PDF | Launch Test |
| 12 | Principles of Economics Icom Part 1 English Medium Chapter 12 Online Test | 66 | Download PDF | Launch Test |
| 13 | Principles of Economics Icom Part 1 English Medium Chapter 13 Online Test | 76 | Download PDF | Launch Test |
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ICom Part 1 Principles of Economics ( English Medium) Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | In a production process, when units of variable factors along with fixed factor of production are increased, marginal cost goes on rising, this tendency in economics is called |
A. Law of decreasing cost
B. Law of constant cost
C. Law of increasing cost
D. Law of increasing return
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| 2 | Which one of the following is not included in the methods of measuring national income |
A. Method of total according to market prices
B. Method of total of incomes
C. Method of total of domestic necessities and desires
D. Method of total expenditures
|
| 3 | "Purchasing power of money is inverse of level of prices. So study of purchasing power of money is identical with the study of level of prices." These are the words of |
A. Prof Irving Fisher
B. Prof Crowther
C. Prof Pigou
D. Prof Keynes
|
| 4 | In which year the book named "Principles of Economics" was written |
A. 1805
B. 1890
C. 1903
D. 1915
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| 5 | Public finance and private finance are of each other |
A. Opposite
B. Synonymous
C. Similar & different
D. None of three
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| 6 | If we subtract direct taxes from personal income, we get |
A. Net national income
B. Net domestic income
C. Disposable personal income
D. Personal savings
|
| 7 | When marginal utility is zero, then total utility is |
A. Minimum
B. Positive
C. Maximum
D. Zero
|
| 8 | Study of small units of an economic system is called |
A. Micro economics
B. Macro economics
C. Applied economics
D. All the three
|
| 9 | A good thing in public finance |
A. Expenditures are more than income
B. Income is more than expenditure
C. Income is equal to expenditure
D. b and c both
|
| 10 | Balance of visible goods of a country mean |
A. Quantity of imports & exports
B. Value of imports & exports
C. Value of imported & exported goods and services
D. Value of imported & exported services
|
11th Class Principles of Economics Online Test
Here you can prepare 11th Class Prin. of Economics English Medium Online Test. Click the button for 11th Class Prin. of Economics English Medium 100% free full practice test.
Test Questions
Share your comments & questions here
zaheer hussain
13 Oct 2019which answers of given questions were wrong in my online test?
Taha shah
06 Aug 2019I love this website i may help the young genretion.
Ibrahim
24 Mar 2019Need economic full book mcqs
Fahid ali
13 Mar 2019I like it
User0
10 Mar 2019kabhi kabhi obtained Mark's wrong hotey hein