PPSC Economics Topic 10 MCQS Test Preparation

Punjab Public Service Commission, PPSC is an organization regulated by the Punjab government to sort out the suitable and deserving candidates for several vacant positions at the Punjab province level. The organization makes sure that the exams are conducted in a peaceful and satisfactory environment. Moreover, the organization also announces the results with complete transparency and helps in the further recruiting process at the provincial level.

MCQ's Test For PPSC Economics Topic 10 Public Finance

Try The MCQ's Test For PPSC Economics Topic 10 Public Finance

  • Total Questions20

  • Time Allowed20

Start Test Download PDF

PPSC Economics Topic 10 Public Finance

00:00
Question # 1

The type of business in which an individual has unlimited responsibility for the debts of the organization.

Question # 2

In 25 years Pakistan's Per capital income

Question # 3

Accordant the wealth effect , an increase i the price level _______ real wealth and ____ consumption expenditure.

Question # 4

The form of dumping that represents the greatest potential net welfare loss the for importing nation is.

Question # 5

The Hocksher Ohlin model rules out the classical model's basis for trade by assuming that. _______ is identical between countries.

Question # 6

An increasingly higher marginal income tax is

Question # 7

A tariff that probibits imports ahs only

Question # 8

Equilibrium price is a price at which

Question # 9

The goal of a pure market economy is to best meet the desires of

Question # 10

a nation with a current account deficit will be

Question # 11

Indifference curves shows various combinations of.

Question # 12

The fundamental economics problem faced by all societies is

Question # 13

Which of the following is a stock variable.

Question # 14

Which of the following products will have an elastic demand.

Question # 15

Capitalism refers to

Question # 16

Which of the following is a component of M1.

Question # 17

the difference between actual and planned expenditure is equal to.

Question # 18

A purely monetary explanation of the business cycle is proposed by

Question # 19

An important policy instrument to influence commercial banks is.

Question # 20

In the home country government grants a subsidy of a domestically produced good domestic producers tend to.

Submit

Prepare Complete Set Wise PPSC Economics Topic 10 Public Finance MCQs Online With Answers


Topic Test

00:00
Submit
 
Economics
10th Chapter

PPSC Economics Chapter 10 Test

Here you can prepare PPSC Economics Chapter 10 (Most Frequently Asked Economics MCQS) Test. Click the button for 100% free full practice test.

Start Chapter 10 Test

Top Scorers Of PPSC Economics Topic 10 Public Finance MCQ`s Test

  • Q
    queen princes 11 - Apr - 2022 05 Min 07 Sec 16/20
  • A
    Abdul subhan 04 - Jul - 2021 06 Min 12 Sec 16/20
  • T
    Tayyeba 26 - Jun - 2021 10 Min 08 Sec 15/20
  • H
    huma 30 - Jun - 2021 06 Min 42 Sec 14/20
  • R
    romana 12 - Dec - 2020 15 Min 34 Sec 14/20
  • J
    Jobs oriented Test PREPARATION MCQS 16 - Nov - 2022 05 Min 48 Sec 12/20
  • A
    abuzar 04 - Aug - 2023 06 Min 13 Sec 12/20
  • S
    Shad Ali Shah 31 - Jul - 2024 09 Min 25 Sec 12/20
  • M
    Murtaza Gillani 13 - Jul - 2024 08 Min 27 Sec 11/20
  • A
    A ANAND RAJ 07 - Feb - 2022 13 Min 46 Sec 11/20
  • A
    Atrab Un Nisa 15 - Mar - 2022 06 Min 09 Sec 10/20
  • U
    Unknown 15 - Jul - 2023 08 Min 00 Sec 10/20
  • M
    Marukh Syed 21 - Apr - 2024 09 Min 16 Sec 10/20
  • Z
    zaib 27 - Dec - 2021 10 Min 12 Sec 10/20
  • A
    Aiza 26 - Jun - 2021 05 Min 28 Sec 9/20

PPSC Economics Chapter 10 Important MCQ's

Sr.# Question Answer
1 Which of the following organization primely provides long term loans to developing countries to help them develop the infrastructure such as schools hospitals and roads.
A. World Bank
B. International Monetary fund
C. Council on Foreign Relations
D. Organization of petroleum Exporting countries.
2 In order of practice price discrimination which of the following is needed.
A. Some degree of monopoly power
B. An ability to separate the market
C. An ability to prevent reselling
D. All of the above
3 Devaluation leads to.
A. Increase in imports
B. Increase in exports
C. Decline in imports
D. None of the above
4 The agricultural price support program is an example of.
A. A price celling
B. A price floor
C. Equilibrium pricing
D. None of these
5 In the balcne of payments, travel and tourism are included int he category of.
A. Unilateral transfers
B. Capital account
C. Merchandise account
D. Services account
6 In a market system, sellers act in ___________ interest, but thsi leads to behaviors in __________ interest.
A. Self, self
B. Self, society's
C. Society's' , society's
D. society's, self
7 Livestock is
A. An independent sector
B. Sub -sector of agriculture
C. Should be a part of Agriculture
D. Would become a part of Agriculture
8 Which industrialization policy have developing countries used which places emphasis on the comparative advantage principle as agued rto resource allocation.
A. Export promotion
B. Import substitution
C. International commodity agreements
D. Multiateral contracts
9 an more labor is added to a fixed amount of input the rate at which output goes up begins to decrease This is called.
A. Diminishing marginal utility
B. Diminishing marginal productivity
C. Diminishing marginal costs
D. Diminishing marginal profit
10 Public utilities tend to be
A. Inefficient
B. Natural monopolies
C. subject to increasing costs
D. None of these

Test Questions

Is this page helpful?

Share your comments & questions here

Guest

  • No comments yet. Be the first to comment!