PPSC Economics MCQ Test With Answer for Full Book

Economics Test- PPSC

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.

Here is List Of Chapter Wise Tests

Ch. #	Test Name	MCQs Available	PDF File	Launch Test
1	PPSC Economics Topic 1 Basic Economics	302	Download PDF	Launch Test
2	PPSC Economics Topic 2 Micro Economics	284	Download PDF	Launch Test
3	PPSC Economics Topic 3 Macro Economics	339	Download PDF	Launch Test
4	PPSC Economics Topic 4 Monetary & Fiscal Policy	264	Download PDF	Launch Test
5	PPSC Economics Topic 5 International Economics	153	Download PDF	Launch Test
6	PPSC Economics Topic 6 Economics Model	30	Download PDF	Launch Test
7	PPSC Economics Topic 7 Islamic Economics	28	Download PDF	Launch Test
8	PPSC Economics Topic 8 Development Economics	55	Download PDF	Launch Test
9	PPSC Economics Topic 9 Pakistan Economics	144	Download PDF	Launch Test
10	PPSC Economics Topic 10 Public Finance	190	Download PDF	Launch Test
11	PPSC Economics Topic 11 Assess Your Basics	201	Download PDF	Launch Test
12	PPSC Economics Topic 12 Statistics In Economics	76	Download PDF	Launch Test
13	PPSC Economics Topic 13 Mathematics in Economics	94	Download PDF	Launch Test
14	PPSC Economics Topic 14 History Of Economics Thought	26	Download PDF	Launch Test
15	PPSC Economics Topic 15 Philosophy of Economics	38	Download PDF	Launch Test
16	PPSC Economics Topic 16 Research Methods for Economist	90	Download PDF	Launch Test

Top Scorers of PPSC Economics Full Book MCQ Test

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Usman Shahinshah 06 - Jun - 2024 16 Min 23 Sec 22/30
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Shoaib khan 11 - Oct - 2022 16 Min 49 Sec 20/30
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Noor Ulain 07 - Feb - 2023 07 Min 21 Sec 19/30
A

Abdullah innocent 05 - Apr - 2023 08 Min 22 Sec 19/30
A

azizbarawal@gmail.com 31 - Jan - 2023 13 Min 31 Sec 18/30
S

Shad Ali Shah 08 - May - 2024 14 Min 06 Sec 18/30
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G Ali 11 - Oct - 2023 16 Min 36 Sec 17/30
M

muhammad irfanatta 28 - May - 2024 03 Min 55 Sec 16/30
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Munawer Ali 15 - Feb - 2023 06 Min 22 Sec 16/30
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Sohaib Ali 14 - Nov - 2024 12 Min 47 Sec 16/30
U

Uzair Ahmad 16 - Jun - 2023 13 Min 31 Sec 16/30
H

Hammad Akram 18 - Apr - 2023 28 Min 09 Sec 16/30
A

Arsalan Haider 11 - Jan - 2024 13 Min 52 Sec 15/30
A

Amna Mawaz 19 - Jul - 2024 05 Min 56 Sec 14/30
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Hira Bukhari 08 - May - 2023 06 Min 20 Sec 14/30

PPSC Economics Important MCQ's

Sr.#	Question	Answer
1	The aggregate demand curve shows the combinations of output and the price level that put the economy on.	A. The FE line and the IS curve B. The FE line The IS curve and the LM curve C. The IS curve D. The IS curve and the LM curve
2	The regression results indicate that the standard error of estimate is.	A. 135.94 B. 16.06 C. 28.98 D. 4.27
3	Who among the following is concerned with deep acology.	A. Arne Naes B. Warwick fox C. Kant D. None of these
4	The arrangement where goods imported from trading partners in the developing world are subject to lower tariff rates than goods from other countries is referred to as.	A. Normal trade relation status B. Most favored nation status C. Most favored nation status D. Generalized system of preferences
5	If each element of a raw or column is a sum of two elements, the determinant can be expressed as the	A. Sun of two determinants B. Difference of two determinants C. Multiplication of two determinants D. Division of two determinants
6	If all the elements of a matrix of any order are zero, it is called.	A. Identity matrix B. Null matrix C. Zero matrix D. Both b and c
7	A higher GDP per capita may not mean that the quality of life has really improved because.	A. It measures wealth not income B. It measures Gross Domestic product C. It does not measure the quality of the items produced D. it is only measured every five years
8	When the central Bank ________ the money supply the LM curve shifts to the _______ interest rates ____________ and equilibrium aggregate output.	A. Increase ; right ; fall; increase B. increases ; left ; rise ; decrease C. decreases ; left ;rise ; increases D. decreases ; left ; fall ; increases
9	The ratio of the change in the equilibrium level of income to a change in some automats increase in spending is the	A. Elasticity coefficient B. Multiplier C. Automatic stabilizer D. Marginal propensity of the autonomous variable
10	Suppose your company is in equilibrium will its capital stock at its desired level A permanent increase in the depreciation rate now has what effect on your desired capital stock. i	A. Raises it because the future marginal productivity of capital is higher B. Lowers it because the future marginal productivity of capital is lower C. Raises it because the user cost of capital is now lower D. Lowers it beacause the user cost of capital is now higher

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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PPSC Economics MCQ Test With Answer for Full Book

Economics Test- PPSC

Economics Paper Pattern For PPSC

PPSC Economics Full Book MCQ Test

PPSC Economics Full Book MCQ Test

The negative relation ship between unemployment and inflation is know as the

If Supply and demand both decrease simultaneously. Which of the following will happen.

In the cost of slugger rises and slugger is major ingredient in jelly beans then the jelly bean.

In the long run an increase in government purchases of military equipment would cause output to _________ and the aggregate price level to

An economics variable that moves in the same direction as aggregate economic activity is called.

The ____ lag for fiscal policy is generally _____ than it is for monetary policy.

According to Keynes, the level of employment is determined by

The main role of the Federal Reserve is to

Which of the following is the most liquid.

Demand pull inflation may be caused by

Who defined research is a systematic, controlled, empirical and critical investigation.

A monopoly market.

In the classical model of Ricardo the direction of trade is determined by

That the division of labor a limited by the size of the market best applies to which explanation of trade

Headquarter of World Bank is located in.

A monopoly may be self perpetuating because profits may be used for

What is the process of summarizing raw data and displaying them on compact statistical tables for further analysis.

If matrix A is of m x n dimension, then A will be

When planned consumption equals Rs. 40 + 0.90 Yd and planned investment is Rs.50, the equilibrium level of income is.

An increase in costs will

An expansionist fiscal policy could include

Total utility of a commodity is measured by which price of that commodity.

The risk free rate of interest would not be affected by.

In the short run if price falls the firm will respond by

Nationalism, self sufficiency, and imperial power were central concerns of.

Law of variable proportion sis applicable in.

Which of the following is not a category of consumption spending in the national income accounts.

If there is a price celling there will be

An item designed as money that is intrinsically worthless could the.

When plotted with the aggregate price level on the vertical axis and output on the horizontal axis, the long run aggregate supply curve.

Topic Test

Here is List Of Chapter Wise Tests

Top Scorers of PPSC Economics Full Book MCQ Test

PPSC Economics Important MCQ's

MCQ's Tests For PPSC Economics Preparation

Test Questions

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The lag for fiscal policy is generally _ than it is for monetary policy.