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.
Who among the following is concerned with deep acology.
Question # 2
If A is a square matrix of order ' n' and lis the unit matrix of the same order then A 1 is equal to.
Question # 3
If the reserve deposit ratio is 0.25 and the ratio of currency in circulation to deposits is 0.3, the potential money multiplier will have a value of.
Question # 4
Ineven A occurs the payoff will be Rs.5,670.00 . the probability of event A occurring is .87 What is the expected payoff of event A.
Question # 5
Employment tends to _______ whwn aggregate output.
Question # 6
To move from point E to point E1 is consistent with.
Question # 7
For a borrower an increase in the real interest rate will lead to.
Question # 8
To reduce cyclical unemployment the government might.
Question # 9
In Islamic economic system holding is considered against the right of.
Question # 10
The nominal interest rate is 5% and the inflation rate is 2% the real interest rate is.
Question # 11
In 1950's liberal policy was adopted regarding.
Question # 12
In his description of an idealized city state Plato did not advocate.
Question # 13
In perfect competition a firm is.
Question # 14
According to the permanent income hypothesis all increases in .
Question # 15
Oligopoly is a market structure in which
Question # 16
In 1950's special imporant was given to
Question # 17
According to the cost based definition of dumping occurs when a firm sells a product abroad at a price that is less than
Question # 18
A dichotomous question can be answered in one of the
Question # 19
A country transactions with the rest of the world are recorded in the
Question # 20
A statistic in inferential statistics is related to which of the following.
Question # 21
As a result of privatization of industries private investor was
Question # 22
If government regulations prohibit the production of a particular good the demand curve for that good will most likely.
Question # 23
If every element of a set B is also an elements of A then
Question # 24
Human capital can be described as.
Question # 25
Rate of growth of an economy is measured in terms of
Question # 26
If the expected rate of inflation rose at the same time the natural rate of unemployment rose the Philips curve.
Question # 27
In economics money refers to
Question # 28
Given a proportional income tax and a government budget that is currently in balance, an increase in autonomous investment ceteris paribus, Increases equilibrium income and the budget.
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
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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
M
muhammad irfanatta28 - May - 2024
03 Min 55 Sec
16/30
M
Munawer Ali15 - Feb - 2023
06 Min 22 Sec
16/30
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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
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Hira Bukhari08 - May - 2023
06 Min 20 Sec
14/30
Sr.#
Question
Answer
1
The fact that the production function relating output to labor becomes flatter as we move from left to right means that.
A. The marginal product of labor is positive
B. The marginal product of capital is positive
C. There is diminishing marginal productivity of labor
D. there is diminishing marginal productivity of capital
2
When a government prints money to finance its expenditures it is likely to cause
A. Unemployment
B. Inflation
C. Deflation
D. Reductions in the use of barter
3
The nation, that, following currency depreciation, the balance of trade falls for a while before increasing is called a ________ effect.
A. Relative price
B. Elasticity
C. J- Curve
D. Pass through
4
When planned saving equals Rs.40+0.20 Yd and planned investment is rs. 60, the equilibrium level of income in.
A. Rs. 100
B. Rs. 400
C. Rs.500
D. Rs.1000
5
In a market system sellers act in ___ interest, but this leads to behaviors in ___ interest.
A. Self : self
B. Self ; society's
C. Society's ; society's
D. society's, self
6
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
7
ECO come into force in.
A. January 1985
B. January 1966
C. January 1948
D. January 1949
8
A decline in taxes __ consumer expenditure and shifts the _ curve shifts to the.
A. Raises ; LM; Right
B. Lowers; IS ; left
C. raises ; IS; right
D. Lower ; LM; left
9
Economic transition involves high inflation because ______ and _____
A. High monetary growth, high wages.
B. High budget deficits, devaluation
C. High monetary growth, devaluation
D. Prices surge from an artificially low level to their equilibrium level the inflation tax is required as source of government revenue.
10
The profit per scale is a measure of.
A. Profit
B. Profitability
C. Feasibility
D. Realism
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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