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

A firm's monopolistic position is strengthened by

Question # 2

The larger the required reserve ratio the.

Question # 3

The investment demand curve shifts right ward if

Question # 4

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

Question # 5

Indirect taxes are

Question # 6

Depreciation is.

Question # 7

The exogenous variable in the income equation C +!+G = y is

Question # 8

The central economic problem in an economy refers to.

Question # 9

A straight line downward sloping demand curve implies that as price falls the elasticity of demand.

Question # 10

If an economy experience an increase in productivity it means that.

Question # 11

According to the crowding out effect, a there is a government deficit, the real interest rate will.__________ and investment will_________

Question # 12

When unintended investment is positive

Question # 13

Productivity can grow.

Question # 14

In Balance of payments accounting tourism and travel are classified in the

Question # 15

Price controls are

Question # 16

International trade during the 19th century was characterized by.

Question # 17

Which of the following type of taxes is the most regressive.

Question # 18

If the coefficient of income elasticity is negative.

Question # 19

Of the following which one is a characteristic of monopolistic competition.

Question # 20

Public utilities tend to be

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 investment demand curve shifts right ward if
A. The real interest rate falls
B. Savers increase their thriftiness
C. The expected profit rate increases.
D. The economy moves into a recession
2 In the short run an increase in the quantity of money ______ real GDP and _ the price level.
A. increases ; raises
B. does not change ; lowers
C. decreases ; raises
D. decrease ; lowers
3 Suppose that the supply curve of lin is highly inelastic if the demand curve of lin decreases and increases cyclically along the supply curve of lin then in this market the size of the quantity fluctuations will be _____ the size of the price fluctuations.
A. Relatively greater than
B. Relatively less than
C. the same as
D. Any of the above
4 Industrial polices intended to foster comparative advantage for domestic industries could result in the implementation of.
A. Research and development subsidies
B. Loan guarantees
C. Low interest rate loans
D. All of the above
5 International trade is based on the idea that.
A. Exports should exceed imports
B. Imports a should exceed exports
C. Resources are more mobile internationally than are goods
D. Resources are less mobile internationally than are goods.
6 The larger the required reserve ratio the.
A. Smaller is the deposit multiplier
B. Larger is the deposit multitier
C. Larger is the amount of total deposits that can created from a new deposit
D. Larger is the amount of total money that can be created from a withdrawal
7 Which provides the best explanation of the failure of many poor countries to experience economic growth as rapid as the rich countries..
A. Classical growth theory
B. Neoclassical growth theory
C. New growth theory
D. Market failure
8 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
9 All economic model ae based on
A. Realistic assumptions
B. Assumptions which can never be perfectly realistic
C. Unrealistic assumptions
D. None of the above
10 Indirect taxes are
A. Direct taxes - subsidies
B. Subsidies
C. Sales taxes
D. Income taxes

Test Questions

Is this page helpful?

Share your comments & questions here

Guest

  • No comments yet. Be the first to comment!