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.
The main monetary tool in Islamic economic system regarding circulation of wealth is zakat it is for.
Question # 2
Who advocates laissez fair.
Question # 3
Assume a cosumer buys 25 units of good X at Rs.8 and 10 units of good Y at Rs. 6 in 1980. If Px = Rs. 6 and Py = Rs. 4 in 1970 the pasasche index is.
Question # 4
The fundamental economics problem faced by all societies is
Question # 5
Prohibiting a trade between two people
Question # 6
If the international terms of trade settle at a level that is between each country's opportunity cost.
Question # 7
If the State bank of Pakistan wished to pursue a light monetary policy it would.
Question # 8
A reduction in interest rates, causes an increases in the monetary base that result in an_____ in the availability of consumer credit and a _ in the cost of consumer credit.
Question # 9
Which industrialization policy have developing countries used which places emphasis on the comparative advantage principle as agued rto resource allocation.
Question # 10
If the home country government grants a subsidy on a domestically produced good domestic producers lend to.
Question # 11
Knowledge of the money supply can lead to good predications of nominal GDP only
Question # 12
In monopolistic competition
Question # 13
If the coefficient of income elasticity is negative.
Question # 14
What happens to the money supply if the deficit is financed by selling bonds to the general public.
Question # 15
If GNP of Pakistan nees it wil encourage
Question # 16
the Zarai Taraqiati Bank Limited is the largest public sector financial development institution Pakistan it was founded in.
Question # 17
If a country an imposes an import tariff its welfare can improve if
Question # 18
A tax of 18 cents per unit of imported cheese would be an example of a.
Question # 19
According to solo growth model capital and labor are.
Question # 20
Under a fixed exchange rate system an expansionary fiscal policy leads to a
Question # 21
Which of the following is not included in gorses investment.
Question # 22
If the price of automobiles were to increase substantially the demand curve for gasoline would most likely
Question # 23
Which of the following is not involved with fiscal policy.
Question # 24
Suppose your company is in equilibrium with its capital stock at the desired level A permanent decline in the expected real interest rate now has what effect on your desired capital stock
Question # 25
In the mid 1960's agricultural scientists developed high yielding varieties of.
Question # 26
If in market the seller is changing different prices for the same commodity from different consumers it is known as.
Question # 27
A state of government bonds by the central bank should cause
Question # 28
Suppose a new law imposes a tax on all trades of bonds and stock What is the likely effect on money demand.
Question # 29
Following the work of _____________ in the 1960s, and the controversy associated with these views in the 1970s, there was a revival of interest by economists and government in monetary policy.
Question # 30
What is the possible cause for a falling real GNP over a period of time.
Usman Shahinshah06 - Jun - 2024
16 Min 23 Sec
22/30
S
Shoaib khan11 - Oct - 2022
16 Min 49 Sec
20/30
N
Noor Ulain07 - Feb - 2023
07 Min 21 Sec
19/30
A
Abdullah innocent05 - Apr - 2023
08 Min 22 Sec
19/30
A
azizbarawal@gmail.com 31 - Jan - 2023
13 Min 31 Sec
18/30
S
Shad Ali Shah08 - May - 2024
14 Min 06 Sec
18/30
G
G Ali11 - Oct - 2023
16 Min 36 Sec
17/30
M
muhammad irfanatta28 - May - 2024
03 Min 55 Sec
16/30
M
Munawer Ali15 - Feb - 2023
06 Min 22 Sec
16/30
S
Sohaib Ali14 - Nov - 2024
12 Min 47 Sec
16/30
U
Uzair Ahmad16 - Jun - 2023
13 Min 31 Sec
16/30
H
Hammad Akram18 - Apr - 2023
28 Min 09 Sec
16/30
A
Arsalan Haider11 - Jan - 2024
13 Min 52 Sec
15/30
A
Amna Mawaz19 - Jul - 2024
05 Min 56 Sec
14/30
H
Hira Bukhari08 - May - 2023
06 Min 20 Sec
14/30
PPSC
Economics
Important MCQ's
Sr.#
Question
Answer
1
In cartels.
A. Firms complete against each other
B. Price wars are common
C. Firms use price to win market share from competitors
D. Firms collude
2
Extensive subsistence agriculture is found in
A. Warm
B. Moist
C. Low latitude
D. All of these
3
If the price in a market is fixed by the government above equilibrium.
A. There is excess equilibrium
B. There is excess supply
C. There is excess demand
D. There is equilibrium
4
In Islamic economic system holding is considered against the right of.
A. Entrepreneurs
B. Labour
C. Consumers
D. Producers
5
If a few firms dominate an industry the market is known as.
A. Monopolistic competition
B. Competitively monopolistic
C. Duopoly
D. Oligopoly
6
Which of the following is not included in gorses investment.
A. Business and residential constrcution.
B. Expenditures on consumer goods
C. Additions to business inventory
D. Expenditures on machinery
7
If an economy is productively efficient.
A. Everyone is wealthy
B. Resources are unemployed
C. More of one product can only be produced if less of another product is produced.
D. The distribution of income is equal
8
Skills that can be transferred to other employers are called
A. General skills
B. Specific skills
C. Non pecuniary skills
D. None of these
9
A reduction in the costs of production will
A. Lead to a movement along the supply curve
B. Shift the demand curve
C. Shift the supply curve
D. Lead to an extension of supply
10
To move from point E to point E1 is consistent with.
A. Expectations of a constant price level
B. Adaptive expectations that have no adjustment for the period immediately following a change in the actual price
C. Rational expectations and NCM
D. A and B
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.
Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
.jpg)
Share your comments & questions here
No comments yet. Be the first to comment!