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

U

Usman Shahinshah 06 - Jun - 2024 16 Min 23 Sec 22/30
S

Shoaib khan 11 - Oct - 2022 16 Min 49 Sec 20/30
N

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
G

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
S

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
H

Hira Bukhari 08 - May - 2023 06 Min 20 Sec 14/30

PPSC Economics Important MCQ's

Sr.#	Question	Answer
1	If A and B are symmetric matrix, then AB- BA is.	A. Symmetric B. Skew symmetric matrix C. Idempotent matrix D. Orthogonal matrix
2	If leisure is an inferior good the individuals supply curve for labor is.	A. Back ward bending B. Completely inelastic C. Upward sloping D. Perfectly elastic
3	Which of the following concepts represents the extra revenue a firm neceives from the services of an additional unit of a factor of production.	A. Total revenue B. Marginal physical product C. Marginal revenues product D. Marginal revenue
4	Sales taxes are generally considered to be.	A. Proportional taxes B. Regressive taxes C. Progressive taxes D. Indirect taxes
5	Human capital can be described as.	A. The tools used by workers to entrances productivity B. a persons inherited abilities. C. The stock of expertise accumulated by a worker D. Education
6	A polynomial equation with degree two a called.	A. Linear equation B. Quadratic equation C. Parabola equation D. All of the above
7	If your income during one year is L 10,000 ad the following year it is L,12,000 then it has grown by	A. 20% B. 2% C. 12% D. 15%
8	The law of demand states that	A. As the quantity demanded rises, the price rises B. As the price rustiest he quantity demined rises C. As the price rises, the quantity demanded falls D. As supply rise, the demand rises
9	If the price level for an economy was 100 in 1984 , 115 in 1985 and 125 in 1986 the rate of inflation between 1985 and 1986 was.	A. 105 B. 8% C. 8.7% D. 17.5%
10	Which refers to a scale with a set of points which describes varying degrees of the dimensions of an attribute observed.	A. Rating scale B. Score card C. Check list D. Observation

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

A activates which do not promote human welfare cannot be encouraged.

If a firm which polluted the water of area had to pay all social cost would have

The three main components of the aggregate demand aggregate supply model include.

the Zarai Taraqiati Bank Limited is the largest public sector financial development institution Pakistan it was founded in.

Demand for a normal product may shift outwards if.

When total utility becomes maximum then marginal utility will be.

A nation experiences internal balance if it acieves.

Who among the following is concerned with deep acology.

A decrease iin money demand other thing equal shifts the _____ curve to the

Which theory is generally included under micro economics.

In a recession a government.

Total revenue equals

International trade is based on the idea that.

The fact that the long run Phillips curve is vertical implies that

Satellite television subscription and television detection devices are ways in which broadcasting companies address the _____ problem.

When planned consumption equals Rs. 40 + 0.90 Yd and planned investment is Rs.50, the equilibrium level of income is.

Aggregate output and the interest rate are ______ related to government spending and are ___ related to taxes.

The reduction of the inflation rate is called

An important feature of a___ is that the holder has the right , but not the obligation, to buy or sell currency

Real GNP measures income

It is a process of checking to detect and correct errors and omissions.

Perfect price discrimination means that every customer.

The best describes consumer surplus.

Aggregate demand refers to the total demand for all domestically produced goods and services in an economy generated from.

Law of variable proportion sis applicable in.

When the value of the Rupee rises Pakistan goods become _____ expensive relative to foreign goods which ___ exports.

when the period of Kharif crop starts and when ends.

Finding a partner to work with abroad is called a.

The "compensated" demand curve is the demand curve that.

Under the constitution of Pakistan National Finance Commission distribute the amount from Federal taxes to provinces on the basis of.

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

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Aggregate output and the interest rate are ____ related to government spending and are _ related to taxes.

When the value of the Rupee rises Pakistan goods become ___ expensive relative to foreign goods which _ exports.