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.
Direct investment and security purchase are classified as.
Question # 3
If there is a financial panic and increased uncertainty about the return in the stock market and bond market what is the likely effect on money demand.
Question # 4
Disposable income is equal to.
Question # 5
An increase in total production causes the demand for money to _____ and the interest rate to ______
Question # 6
When planned saving is greater than planned investment.
Question # 7
Fiscal policy refers to the manipulation of government income and expenditure to.
Question # 8
Suppose the government provides a tax cut today that is matched by a tax increase in the future that's equal in present value to the tax cut This causes a consumer's saving to.
Question # 9
All of the following are benefits of the single market except.
Question # 10
The nominal interest rate minus the inflation rate is the
Question # 11
In 1950's subsidies given to.
Question # 12
A rise in the exchange rate value of the rupee will most likely cause.
Question # 13
In Production of goods and services tradeoffs exist becasue.
Question # 14
Statistics is one of those science which are only indicative of a trend, therefore
Question # 15
The resources in the economy do not include.
Question # 16
Un employment Rate is a percentage relation with reference to.
Question # 17
What are the two broad functions of statistical methods in social research.
Question # 18
If the central bank buys financial securities in the open market to increase the monetary base, this is an example of.
Question # 19
Unknown values in an equation are called.
Question # 20
Alfred Marshall formalized and then popularized the analytical technique known as
Question # 21
An entrepreneur who collects profits in the short run for a new invention is collecting.
Question # 22
Environmentalist speak of wilderness as a.
Question # 23
The long run Phillips curve is
Question # 24
Firms in perfect competition face a
Question # 25
A monopolist will maximize profit.
Question # 26
Which of the following does not characterize monopolistic competition.
Question # 27
An autonomous increase in money demand.
Question # 28
Debit entries on the balance of payments are the entries that would.
Question # 29
Collection of well defined distinct objects thought of as a whole is called
Question # 30
The multiplier accelerator model assumes _______ depends on.
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Noor Ulain07 - Feb - 2023
07 Min 21 Sec
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08 Min 22 Sec
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Shad Ali Shah08 - May - 2024
14 Min 06 Sec
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G Ali11 - Oct - 2023
16 Min 36 Sec
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03 Min 55 Sec
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Munawer Ali15 - Feb - 2023
06 Min 22 Sec
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Sohaib Ali14 - Nov - 2024
12 Min 47 Sec
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Uzair Ahmad16 - Jun - 2023
13 Min 31 Sec
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Hammad Akram18 - Apr - 2023
28 Min 09 Sec
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Arsalan Haider11 - Jan - 2024
13 Min 52 Sec
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Amna Mawaz19 - Jul - 2024
05 Min 56 Sec
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Hira Bukhari08 - May - 2023
06 Min 20 Sec
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Sr.#
Question
Answer
1
The monopolization of the competitive market results in a deadweight loss to society of
A. RSJK
B. JKL
C. THJ
D. RSJL
2
Horizontal integration may lead to internal economics of scale. Which of the following is not a type of internal economy of scale.
A. Purchasing
B. Technical
C. Financial
D. Safety
3
The precautionary demand for money is
A. An idle balance
B. An active balance
C. Directly related to interest rates
D. Inversely related to income
4
"Principles of economics" is the book of
A. Robbins
B. Adam smith
C. Hicks
D. Marshall
5
Gender is categorized as
A. Nominal data
B. Ordinal data
C. Interval data
D. Ratio data
6
A product will be traded only if the pre trade price difference between the two countries
A. Is less than the cost of transporting it between them
B. is greater than the cost of transporting it between them
C. Equals the cost of transporting it between them
D. More information is needed to answer this question
7
What is the level of savings for disposable income = Rs.5,000 if dissaving's of 50 occur at a disposable income of Rs.0 and a marginal propensity to save equal to 0.257
A. Rs. 1.25
B. Rs.1.125
C. Rs.1,200
D. Rs.1,100
8
The equilibrium price and quantity , given the inverse demand and supply functions.
po = 3q +30 and p s = 2q -5
A. p = 9 and q = 7
B. p = 10 and q = 7
C. p = 9 and q = 8
D. p = 7 and q = 9
9
During the early years of the Great depression there was a significant decrees n the the money supply that causes. the ______ to shift____
A. LM ; Leftward
B. LM ; rightward
C. IS ; Leftward
D. IS ; rightwards
10
A recurring theme in economics is.
A. People have unlimited wants in the face of limited resources
B. There are unlimited resources
C. Our country is rich, we just don't realize it
D. People have limited wants in the face of limited resource.
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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