PPSC Economics Topic 10 Most Frequently Asked Economics MCQS

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.

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

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queen princes 11 - Apr - 2022 05 Min 07 Sec 16/20
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Abdul subhan 04 - Jul - 2021 06 Min 12 Sec 16/20
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Murtaza Gillani 13 - Jul - 2024 08 Min 27 Sec 11/20
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A ANAND RAJ 07 - Feb - 2022 13 Min 46 Sec 11/20
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Atrab Un Nisa 15 - Mar - 2022 06 Min 09 Sec 10/20
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Unknown 15 - Jul - 2023 08 Min 00 Sec 10/20
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Marukh Syed 21 - Apr - 2024 09 Min 16 Sec 10/20
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Aiza 26 - Jun - 2021 05 Min 28 Sec 9/20

PPSC Economics Chapter 10 Important MCQ's

Sr.#	Question	Answer
1	The funds used for further investment in joint stock company refers to.	A. Distributed B. Undistributed C. Remaining D. All of the above
2	Negative taxation refers to.	A. Tax rebate B. Subsidies C. Tax evasion D. Tax avoidance
3	Which of the following is a stock variable.	A. Gross private domestic investment B. Personal savings C. Both a and b D. None of these
4	Indifference curves shows various combinations of.	A. One commodity B. Two C. Three D. All of these
5	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
6	Which of the following products will have an elastic demand.	A. Flour B. Cloth C. Honda city D. None of these
7	Accordant the wealth effect , an increase i the price level _______ real wealth and ____ consumption expenditure.	A. Increase, Increases. B. Increases ; decreases C. decreases ; increases D. decreases ; decreases
8	If there is a price celling, there will be.	A. Shortages B. surpluses C. Equilibrium D. None of these
9	If the coefficient of price elasticity is less than one	A. It is normal good B. It is inferior good C. It is luxury good D. All of these
10	Which of the following IS a function of money.	A. Medium of exchange B. Store of value C. Unit of accounting D. All of the above

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PPSC Economics Topic 10 MCQS Test Preparation

MCQ's Test For PPSC Economics Topic 10 Public Finance

PPSC Economics Topic 10 Public Finance

International trade forces domestic firms to become more competitive in terms of.

The overall Budget Deficit is financed from

In the short run an increase in the quantity of money ______ real GDP and _ the price level.

The term of trade is given by the process.

Capitalism refers to

Equilibrium price is a price at which

Guid up of foreign exchange reserves leads to.

Personal inocme is obtained by adding which items to national income

If there is a price floor there will be

During the 1980's empirical evidence indicates that.

Industrial polices intended to foster comparative advantage for domestic industries could result in the implementation of.

Which of the following is likely ot be longer for monetary policy that for fiscal policy.

A supply schedule shows the relations between the quantity supplied of a commodity over a given time and.

A tariff can________ raise a country's welfare.

A tax of 20 cents per unit of imported cheese would be an example of a

Which of the following IS a function of money.

Health of a country's economy is indicated by

Unemployment Rate is a percentage relation with reference is.

The productivity curve

A market is in equilibrium when

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

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PPSC Economics Chapter 10 Test

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

PPSC Economics Chapter 10 Important MCQ's

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