The government of Punjab, to make the recruiting process for several government agencies clean and standardize, has established the Punjab Public Service Commission, PPSC. The organization under the instructions of the government of Punjab conducts the exams based on which the candidates' caliber is evaluated for the vacant positions in several government agencies. For almost all the major subjects or vacant positions, separate tests are conducted. PPSC leads the recruiting process through a proper channel. For example, candidates first appear for the test that is conducted in a satisfactory environment. Then the candidates are shortlisted for the interview which is the main evaluation process to offer the government employment opportunity to the deserving candidates.
Economics Paper Pattern For PPSC
Economics subject is considered as the most prominent and important subject in the business field. The subject is of great importance for the candidates who want to pursue higher education in the business field. However, the subject is also important for the candidates who want to start their professional careers in the business and economics fields. Candidates who appear through PPSC are required to pass the paper that is comprised of 80% questions related to Economics subject and 20% questions related to general knowledge. PPSC test comprised of the topics including basic economics, microeconomics, macroeconomics, economics models, development economics, and some others.
Economics growth can be seen by an outward shift of.
Question # 3
The study which wants to determine the frequency of occurrence of an event of its association with something.
Question # 4
A vertical demand curve results in.
Question # 5
Estimation is the process of.
Question # 6
Employment tends to _______ whwn aggregate output.
Question # 7
Research may be made through either arbitrary method of
Question # 8
A decrease in the legal reserve ratio from 25% to 20% will
Question # 9
The largest trading partner of Pakistan is
Question # 10
When a market is contestable , incumbent firms must.________ to avoid the entry of new competitors.
Question # 11
An increase in the real wage rate will cause.
Question # 12
Julius smon ha pointed out the applied social sciences in.
Question # 13
If marginal cost is positive and falling.
Question # 14
Expenditure on unproductive assets are strangely criticized and savings are emphasized by
Question # 15
The law of demand states that
Question # 16
Pakistan is the _________ largest Cotton Producer country in the world
Question # 17
The Philips curve shows the relationship between inflation and what?
Question # 18
Which provide a shorthand summary of data.
Question # 19
A main advantage of specialization results from
Question # 20
A fall in investment demand can result from
Question # 21
The main source of interest profits for banks is.
Question # 22
Total factor productivity growth is that part of economic growth due to.
Question # 23
A drop in the price of compact disc shifts the demand curve for prerecord tapes leftward from that you know that compact discs and precorded tapes are.
Question # 24
Most Microeconomic models assume that decision makers wish to.
Question # 25
The firm under monopolistic competition is likely to produce less and set a higher price than under perfect competition because.
Question # 26
The increase in base money divided by the corresponding induced increasing commercial bank deposits is the.
Question # 27
The world narrative derived from Latin verb
Question # 28
A production function for a firm which produces a product with two or more inputs.
Question # 29
The view that human beings are above of outside of nature as a source of value to known as.
Question # 30
International trade forces domestic firms to become more completive in terms of.
Usman Shahinshah06 - Jun - 2024
16 Min 23 Sec
22/30
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Shoaib khan11 - Oct - 2022
16 Min 49 Sec
20/30
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Noor Ulain07 - Feb - 2023
07 Min 21 Sec
19/30
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Abdullah innocent05 - Apr - 2023
08 Min 22 Sec
19/30
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azizbarawal@gmail.com 31 - Jan - 2023
13 Min 31 Sec
18/30
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Shad Ali Shah08 - May - 2024
14 Min 06 Sec
18/30
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G Ali11 - Oct - 2023
16 Min 36 Sec
17/30
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muhammad irfanatta28 - May - 2024
03 Min 55 Sec
16/30
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Munawer Ali15 - Feb - 2023
06 Min 22 Sec
16/30
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Sohaib Ali14 - Nov - 2024
12 Min 47 Sec
16/30
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Uzair Ahmad16 - Jun - 2023
13 Min 31 Sec
16/30
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Hammad Akram18 - Apr - 2023
28 Min 09 Sec
16/30
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Arsalan Haider11 - Jan - 2024
13 Min 52 Sec
15/30
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Amna Mawaz19 - Jul - 2024
05 Min 56 Sec
14/30
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Hira Bukhari08 - May - 2023
06 Min 20 Sec
14/30
PPSC
Economics
Important MCQ's
Sr.#
Question
Answer
1
Per Capita income is obtained by dividing National income by
A. Total labor Force in the country
B. Unemployed Youth in the country
C. Total population of that country
D. None
2
If the money supply change was correctly and fully anticipated for a change of M to MI new classical macroeconomics under the assumption of rational expectations would predict a movement from.
A. Pont Eo to point E1
B. Pont Eo to point E2
C. Pont Eo to point E3
D. Pont E3 to point E2
3
The equilibrium price clears the market it is the price at which.
A. Everything is sold
B. Buyers spend all their money
C. Excess demand is zero
D. c and d
4
Which does the government not control directly.
A. Spending on health
B. spending on defense
C. Firm's investment decisions
D. spending on education
5
In the cost of slugger rises and slugger is major ingredient in jelly beans then the jelly bean.
A. Demand curve shifts to the left
B. Supply curve shifts to the left
C. Supply curve shifts to the right
D. Demand and supply curves both shift to the right
6
Which of the following methods is used for internalizaing positive externalities
A. Positive taxes
B. Government exchange of property rights
C. Effluent fees
D. Corrective substidies
7
That the division of labor a limited by the size of the market best applies to which explanation of trade
A. Factor endowment theory
B. Product life cycle theory
C. Economies of scale theory
D. Over lapping demand theory.
8
Women and non whiles on average receive lower comes than white men because.
A. They tend to work in relatively unskilled jobs
B. Educational disadvantage
C. Firms are reluctant to invest in training
D. All of the above
9
Allocative efficiency is achieved under which of the following market structures.
A. Perfect competition
B. Monopolistic competition
C. Oligopoly
D. Monopoly
10
If a good is normal then the demand curve for that good must be.
A. Downward sloping
B. Upward sloping
C. Perfectly elastic
D. Completely inelastic
MCQ's Tests For PPSC Economics Preparation
Candidates are informed that the PPSC economics test is competitive and only those candidates get exceptional results who appear with exceptional preparation. Candidates who are already involved in the preparation activities and those who are looking for a suitable platform for preparation both are invited to get better practice through PPSC online test preparation. Here we offer the PPSC online MCQs tests that are just according to the actual paper pattern designed by PPSC. Candidates can find chapter-wise tests as well as full book tests. Chapter-wise test consists of 20 MCQs, whereas, full book test is comprised of 30 MCQs. Moreover, the tests are comprised of the most important questions according to the PPSC examination point of view.
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