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	Union of A with B is same as union of B with A, that is AUB = BUA is termed as	A. Associative law of union B. Cumulative law of union C. Reflective law D. All the above
2	As the economy nears full capacity the short run aggregate supply curve	A. Stagflation B. Structural inflation C. Demand side inflation D. Supply side inflation
3	The intersection of the IS and LM curves captures.	A. The equilibrium of the demand and supply sides of the economy B. the equivalence of monetary and fiscal policy C. Joint equilibrium in the goods and money markets D. All of the above
4	The least common type of transaction in the foreign exchanges is a.	A. Forward transaction B. Spot transaction C. Swap transaction D. None of the above
5	A depreciation of currency occur when	A. The value of the currency falls B. The value of the currency increases C. Inflation falls D. The balance of payments improves
6	The value of an asset depends upon	A. Its scrap value B. Its depreciation C. The present value of the failure stream of income it can earn. D. the cost of loans
7	Money must fulfill all of the following functions except.	A. Be a medium of exchange B. Be a store of value C. Be generally accepted as a means of purchasing commodities D. The above are all functions of money
8	According to Karl Marx, revolution would inevitably come from the opposed workers, known as the	A. Proletariat B. Paricians C. Bourageoise D. Panaces
9	If saving rate is 12.0% , ICOR value is 3% and population Rate is 2.0% then the Growth Rate would be.	A. 2.0% B. 3.65 C. 4.0% D. 6.0%
10	Anthropocentrism gives intrinsic value to	A. Nature B. Human beings C. Both a and b D. None 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

Demand for labour is more likely to be wage inelastic if.

What characteristic does statistics emphasizes, as a Method or as a singular noun.

a demand curve can shift because of changing.

the mar mist theory of dialectical materialism theoretically follows a sequence

The risk free rate of interest would not be affected by.

An ethics that treats only humans as morally considerable is called.

Skills that embodied in a person are called

Prohibiting a trade between two people

MRSxy being 6 means

Which of the following index numbers is an important statistical concept in economic theory.

Economists use the phrase ceteris paribus to express the assumption.

The first census in Pakistan was held in

Relation between two numbers or variables are called.

The productivity curve

A Rs.10 increase in autonomous investment spending shifts IS

Pakistan's fiscal year starts from

Characteristics of economic laws are

In the circular flow diagram firms.

What tow factors should you equate in deciding how many workers to employ.

Environmentalist speak of wilderness as a.

Substance forming is found in

The term of trade is given by the process.

The study which wants to determine the frequency of occurrence of an event of its association with something.

Land will be allocated between competing uses so that.

Game theory

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

Which provides the best explanation of the failure of many poor countries to experience economic growth as rapid as the rich countries..

Mercantilism.

The precautionary demand for money is

The break even level of income where C = Y is

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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