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.
In August ____ the government established a working group on private investment for the Eight Five Year plan 1993-98
Question # 4
Scarcity means that
Question # 5
The main assumption of Kaldor model is that the economy operates at the level of .
Question # 6
Should international transpiration costs decrease, the effect on international trade would include a.
Question # 7
A politician proposes reducing business taxes, a move she says will encourage risk taking entrepreneurship This proposed cut in business taxes is intended to stimulate the economy mainly though.
Question # 8
When the central Bank ________ the money supply the LM curve shifts to the _______ interest rates ____________ and equilibrium aggregate output.
Question # 9
The productivity curve
Question # 10
Changes in subjective or objective factors.
Question # 11
If two sets contains the same number of distinct elements but not the same elements are called.
Question # 12
The method most commonly used to test the overall significance of a regression is.
Question # 13
The theory of ___________ suggests that government can assist domestic competitors.
Question # 14
When goods are compliments the cross demand curve
Question # 15
Which of the following is automatic stabilizer.
Question # 16
Which financial instruments provide a buyer the right to purchase or sell a fixed amount of currency at a prearranged price within a few days to a coupled of years.
Question # 17
A demand curve is not related to
Question # 18
According to Keynesian macro economics price adjust _____ to shocks, so the government should.
Question # 19
Suppose that the supply curve of lin is highly inelastic if the demand curve of lin decreases and increases cyclically along the supply curve of lin then in this market the size of the quantity fluctuations will be _____ the size of the price fluctuations.
Question # 20
Which of the following is NOT an example of non price competition the auto industry.
Question # 21
The break even level of income where C = Y is
Question # 22
The long run Philips curve is _________ at the ______
Question # 23
An increase in the expected future marginal product of capital would cause the IS curve to.
Question # 24
If GNP of Pakistan nees it wil encourage
Question # 25
When the demand curve is vertical its shows that the demand is.
Question # 26
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 # 27
Which of the following is not an obvious or direct determinant of a country's imports.
Question # 28
Economics is the science of Wealth who gave this definition.
Question # 29
The largest source of tax revenue for the federal government is.
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
H
Hira Bukhari08 - May - 2023
06 Min 20 Sec
14/30
PPSC
Economics
Important MCQ's
Sr.#
Question
Answer
1
Research design indicate a plan of action to be carried out in connection with a proposed.
A. Research proposal
B. Research methodology
C. Research abstract
D. Research work
2
If some body is prepared to work at the going wage rate but cannot find work than they are victims of.
A. Voluntary unemployment
B. Classical unemployment
C. Frictional unemployment.
D. All of the above
3
A fixed exchange rate, plus perfect capital mobility _______ the scope for monetary policy.
A. Enhances
B. Undermines
C. Encourages
D. Facilitates
4
One of the following is the renowned book of Imam Abu Yousaf
A. Kitab ul khiraj
B. Kitab ul Anwal
C. Kitab ul Aloom
D. All of the sese
5
Which one of the following would cause demand pull inflation.
A. Increases iin production costs
B. Wage gains in proportion productivity gains
C. An increase in aggregate demand with shortages of sup ply
D. Monoposonistic labor markets
6
If every element of a set B is also an elements of A then
A. A is a subset of B
B. B is a subset of A
C. A is not a subset of B
D. B is not a subset of A
7
Consider the five panels of the figure on the previous page in which panel would fiscal policy be the strongest.
A. Panel b
B. Panel c
C. Panel a
D. Panel d
8
The major source of revenue for the government is.
A. the collection of property taxes
B. The collection of the corporates income tax
C. The collection of excise taxes on gasoline cigarettes and tires
D. The collection of import and export duties in the conduct of foreign trade
9
Which of the followings is NOT component of M-2
A. Small time deposits
B. Money market mutual funds
C. Stocks
D. Checkable deposits
10
Dynamic multipliers occur when
A. the assumption of ceteris paribus is dropped
B. The economy is not in equilibrium
C. Consumption is unrelated to disposable income
D. there is lagged response between consumption and disposable income
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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