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
M

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 expected real interest rate minus expected inflation rate.	A. Nominal interest rate minus inflation rate B. Nominal interest rate minus expected inflation rate. C. Expected nominal interest rate minus inflation rate D. Nominal interest rate plus expected inflation rate.
2	The bowed shape of the production possibilities curve illustrtres.	A. The law of increasing marginal cost B. the production in inefficient C. That production is inattainable D. The demand is relatively inelastic
3	A reduction in the money supply is likely to	A. Reduce interest rates B. Increase the interest rate C. Increase inflation D. Decrease deflation
4	In an open economy leakages to imports ______ the value of the multiplier.	A. Reduce B. Increase C. do not change D. None of these
5	Anti dumping duties applied to imported goods.	A. Are abolished by the world Trade Organization B. Result in decreases in consumer surplus for domestic households C. Are imposed by industrial countries but not developing countries. D. Result in lower priced goods for domestic consumers
6	Economists use the phrase ceteris paribus to express the assumption.	A. All else equal B. Everything affects everything else. C. Scarcity is a fact of life D. There is no such thing as a free lunch
7	A firm's long run average total cost lineis	A. Identical to its long run marginal cost line B. Also its long run supply curve C. In fact the average total cost curve of the optimal plant D. Tangent to all the curve of short run average total cost
8	Which characteristic of the following is not belonging to statistics as a method.	A. A tool of analysis B. Helps processing the raw C. Descriptive nature D. Processing done by systematic analysis and interpretation
9	The fifth five year plan was an attempt to stabilize the economy and improve the standard to living of the poorest segment of the population from __________ to ____	A. 1975-80 B. 1980--85 C. 1978-83 D. None of the above
10	Extensive subsistence agriculture is found in	A. Warm B. Moist C. Low latitude D. All of these

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

An increase in investment is most likely to be caused by.

The marginal revenue curve in monopoly

A statistic in inferential statistics is related to which of the following.

Absence of representatives are special feature of.

If leisure is an inferior good the individuals supply curve for labor is.

Capital goods are

The valued of expenditure multiplier relates.

Which of the following is necessary for a natural monopoly.

The marginal propensity to consume is equal to.

In the Keynesian model short run equilibrium occurs where

The price of salsa rises, How does the increase in the price of salsa affect the supply of salsa.

In contract to perfectly competitive markets monopolists

If the price elasticity of demand for a non giffen good is inelastic are decreased in its price result in.

What is the significance of underestimating transactions money.

Disposable income is.

Economics is the science of Wealth who gave this definition.

Who was the social theorist tha proposed socialism a should serve as an intermediate stage on the way to an ideal communist society.

Which of the following is often considered to be inconsistent with the notion of perfect competition.

A good that is used as a medium of exchange as well as being a consumption good is called.

Pakistan's fiscal year starts from

Which of the following is the second law of gossen.

There are three fundamental questions every society must answer Which of the following is one of these questions.

Which of the following persons would be considered unemployed.

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

Expansion in international trade is preferable over.

"Treating an individual as typical of a group" in the definition of.

A monopolistically competitive firm differs from a perfectly competitive firming that unlike the perfectly competitive firm it.

The current chairperson of the planning commission of Pakistan.

The ethics, importance is given tobio sphere and the large eco system.

Headquarter of International Association Development is located in.

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