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 Most Frequently Asked Economics MCQS	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
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
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Hira Bukhari 08 - May - 2023 06 Min 20 Sec 14/30

Sr.#	Question	Answer
1	In the Keynesian model in the short run a decrease in government purchases causes output to _____ and the real interest rate to.	A. fall ; rise B. fall ; fall C. rise ; rise D. rise; fall
2	Unemployment Rate is a percentage relation with reference is.	A. Total population B. Civilian labour force C. Employed persons D. Unemployed persons
3	Economics growth can be seen by an outward shift of.	A. The production possibility frontier B. The gross domestic barrier C. The marginal consumption frontier D. The Minimum Efficient scale
4	A monopolist will maximize profit.	A. Where total revenue is maximized B. Where the slope of the total revenue function equals the slope of the total cost function C. Where average cost is at a minimum D. Where all the above are ture
5	If labour productivity per week is 200 units and there are 5 employees what is the total output.	A. 40 units B. 195 units C. 1000 units D. 200 units
6	In economics we ofthe say that a particular event will occur "as long as other things stay the same. " The conduction that other thing saty the same is also called.	A. Ceteris paribus B. Marginal decision making C. Incentives D. Secondary effects
7	Unlimited supply of labor means in developing countries that part of man power which even if is withdrawn from the process of production there will be no fallen output is the theory of.	A. Fei Rani B. M.PP. Todaro C. Lewis D. Leibstein
8	Demand for a normal product may shift outwards if.	A. Price decreases B. The price fo a substitute falls C. the price of a complement rises D. Income falls
9	If injection are less than with drawls at the full employment level of national income there is.	A. an inflationary gap B. Equilibrium C. A deflationary gap D. Hyperinflation
10	While resources and products flow in one direction of the circular flow model what flow the other direction.	A. Services B. Public goods C. Money D. Imported goods

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

Unknown values in an equation are called.

When internal economics of scale occur

LDC's often have a comparative advantage in the production of.

In the UK in recent years, union membership has ______ and days of work lost because of strikes has.

Theories of surplus labor describe that

The exit of firms out of a competitive market causes the supply curve to.

With a positive externality

Un employment Rate is a percentage relation with reference to.

To maximize sales revenue a firm should produce where

What adjusts to restore general equilibrium after a shock to the economy.

The short run Philips curve can shift in response to changes in

The first step in formulating a problem is.

Sample implies

A typical demand curve cannot be

AB = BA = 1 , then B is said to

An outward shift in the marginal efficacy of capital should.

Which of the following factors will cause the demand curve for labor to shift to the right.

During the 1980 empirical evidence indicates that.

When a person received an increase in wealth, what is likely to happen to consumption and saving.

Pakistan's economic development planning began in.

A system of systematically interrelated concepts definitions and propositions that are advanced to explained and product phenomena.

Labour productivity measures.

To basic objective of sampling study is.

There is positive relationship between multiplier and.

All economic model ae based on

The multiplier is the reciprocal of A

The most important determinant of price elasticity is.

The term of trade is given by the process.

A deflationary policy could include

Empirical research may given a new focus to the exiting theory means.

Topic Test

Here is List Of Chapter Wise Tests

Top Scorers of PPSC Economics Full Book MCQ Test

MCQ's Tests For PPSC Economics Preparation

Test Questions

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