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

Personal inocme is obtained by adding which items to national income

Question # 2

A depreciation of the dollar will have its most pronounced impact on imports if the demand for. Imports is.

Question # 3

Which of the followings is NOT component of M-2

Question # 4

Direct investment and security purchase are classified as.

Question # 5

____________ represents the difference between what consumers have to pay for a product and what they are willing and able to pay.

Question # 6

The relation ship between the exchange rate and the prices of tradable goods is known as the.

Question # 7

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

Question # 8

Which of the following is a component of M1.

Question # 9

A tariff can________ raise a country's welfare.

Question # 10

A specification of a maximum amount of a foreign produced good that will be allowed to enter the country over a given time period is referred to as a

Question # 11

There is positive relationship between multiplier and.

Question # 12

A firm's monopolistic position is strengthened by

Question # 13

The productivity curve

Question # 14

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

Question # 15

If a country an imposes an import tariff its welfare can improve if

Question # 16

The overall Budget Deficit is financed from

Question # 17

Depreciation is.

Question # 18

Currency speculations is_________ if speculators bet against market forces that cause exchange functions, thus moderating such fluclutions.

Question # 19

The locus of equilibrium of consumers due to changes in price of a commodity is known as.

Question # 20

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

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 The central bank of a country plays a significant role in her macroeconomics performance by regulating the.
A. Money supply
B. Supply credit
C. Interest rate
D. All of these
2 The agricultural price support program is an example of.
A. A price celling
B. A price floor
C. Equilibrium pricing
D. None of these
3 Of the following which one is a characteristic of monopolistic competition.
A. Standardized product
B. Comparatively easy only
C. Little non price competition
D. None of these
4 Productivity can grow.
A. If capital per hour of labor increases.
B. If there are no technological advances.
C. If capital per hour of labor decreases
D. If real GDP per hour labor decrease and capital per hour of labor increases.
5 The nation, that, following currency depreciation, the balance of trade falls for a while before increasing is called a ________ effect.
A. Relative price
B. Elasticity
C. J- Curve
D. Pass through
6 There is positive relationship between multiplier and.
A. Marginal propensity to consume
B. Marginal propensity to save
C. Marginal efficiency of capital
D. all of these
7 John Stuart Mill was the founder of the
A. Theory of reciprocal demand
B. Theory of absolute advantage
C. Theory of comparative advantage
D. Theory of mercantilism
8 Why is the law of diminishing marginal returns ture.
A. Specialization and division of labor
B. Spreading the average fixed cost
C. Limited capital
D. All factors being variable in the long run
9 The law of demand states that
A. As the quantity demanded rises, the price rises
B. As the price rustiest he quantity demined rises
C. As the price rises, the quantity demanded falls
D. As supply rise, the demand rises
10 A firm's monopolistic position is strengthened by
A. low elasticity of demand for its product
B. High elasticity of demand for its product
C. Constant elasticity of demand
D. None of the above

Test Questions

Share your comments & questions here

Guest

  • No comments yet. Be the first to comment!