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Economics MCQs For Lectureship CSS PMS And NTS Part VI

Home/ Economics MCQs For Lectureship CSS PMS And NTS Part VI
Economics MCQs For Lectureship CSS PMS And NTS Part VI

Economics MCQs For Lectureship CSS PMS And NTS Part VI

Ambitious January 23, 2018 MCQs 0 Comments 0 views

Economics MCQs For Lectureship CSS PMS And NTS Part VI. Economics MCQs For Lectureship CSS PMS And NTS Part VI.

Economics MCQs For Lectureship CSS PMS And NTS Part VI

1 What concept did Marshall used in his definition of economics?

Material welfare

2 What is “Wealth of Nations”?

Is a book

3 Can you name the famous book of Alfred Marshall?

Principles of Economics

4 What does Economic Theory means?

Principles of economics

5 What Robbins actually talks about in his definitions?

Scarcity of resources

6 What does Market system means?

Capitalism

7 When was ‘Wealth of Nations’ authored?

1776

8 Utility and usefulness are two

Different concepts

9 Due to which reason the validity of economic theories can never be proved with 100% certainty?

Ceteris Paribus clause

10 When a consumer is in equilibrium?

When marginal utilities are equal

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Askedon helps aspirants in their preparation for CSS, PMS, PCS and one paper MCQs based tests. We have syllabus wise complete notes of Current Affairs, Pakistan Affairs, Islamiat, Essay, Gender Studies and many other compulsory and optional subjects of CSS, PMS and PCS. The blog is owned and managed primarily by Ataulhaq Yusufzai. For more details please visit About US and Privacy Policy page.

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