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.
A major advantage of monetary over fiscal policy is that monetary policty.
Question # 2
Land will be allocated between competing uses so that.
Question # 3
John Stuart Mill was the founder of the
Question # 4
The Root Mean square Error for the actual sales and sales forecast for 1985 and 1986 is.
Question # 5
The business cycle describes fluctuations in output around the.
Question # 6
In an economy experience high interest rates and high unemployment The ISLM frame work predicts that _________ policy has been too.
Question # 7
Who among the following is a supporter of animal liberation
Question # 8
If a good has a lot of substitutes, then its demand is.
Question # 9
In the short run an increase in the quantity of money ______ real GDP and _ the price level.
Question # 10
Life centered, ethics taken into account of action of.
Question # 11
Two independent variables are not independent of each other in a multiple regression problem The analyst most likely will be confronted with.
Question # 12
The firm under monopolistic competition is likely to produce less and set a higher price than under perfect competition because.
Question # 13
An economy that falls to realize all of its p9otential gains from specialization is.
Question # 14
The hidden momentum of population growth is caused by
Question # 15
Ti access internet services consumers must use a computer if computer prices fall, what is the effect on the demand for internet services.
Question # 16
If the reserve deposit ratio is 0.25 and the ratio of currency in circulation to deposits is 0.3, the potential money multiplier will have a value of.
Question # 17
The productivity curve
Question # 18
An asset with zero carrying costs and a present value of Rs.50,000 will return continuous annual yield of Rs.5000 if the current and future rate of inters is.
Question # 19
It is quantity that expresses a quantity in numbers to allow in numbers to allow more praise measurement.
Question # 20
Who advocates laissez fair.
Question # 21
Pakistan place in the world area size in ______ number.
Question # 22
The supply curve of a perfectly competitive firm
Question # 23
Which of the following events will lead to a decrease in the demand for money.
Question # 24
In order to maximize profits a monopoly company will produce that quantity at which the
Question # 25
Accordant the wealth effect , an increase i the price level _______ real wealth and ____ consumption expenditure.
Question # 26
A monopoly there is
Question # 27
Which policy is an expenditure switching policy.
Question # 28
Which of the following is not one of the basic economic questions.
Question # 29
If marginal product is below average product.
Question # 30
The epigram "time is money" expresses , in part, the concept of.
Usman Shahinshah06 - Jun - 2024
16 Min 23 Sec
22/30
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Shoaib khan11 - Oct - 2022
16 Min 49 Sec
20/30
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Noor Ulain07 - Feb - 2023
07 Min 21 Sec
19/30
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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
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muhammad irfanatta28 - May - 2024
03 Min 55 Sec
16/30
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Munawer Ali15 - Feb - 2023
06 Min 22 Sec
16/30
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Sohaib Ali14 - Nov - 2024
12 Min 47 Sec
16/30
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Uzair Ahmad16 - Jun - 2023
13 Min 31 Sec
16/30
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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
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Hira Bukhari08 - May - 2023
06 Min 20 Sec
14/30
PPSC
Economics
Important MCQ's
Sr.#
Question
Answer
1
What is the characteristic of the sample which is selected randomly.
A. It is not average of the whole
B. It would be representative
C. It would not be equal to the population
D. All of the above
2
According the Keynes when the great depression started , the government should have.
A. Done nothing
B. Decreased the money supply
C. Had a large increase in government spending.
D. Enacted high tariffs, such as the smoot Hawley tariff
3
When there is no change in central banking holding of international reserve balances a country's
A. Trae balance always equals 0
B. Current account balance always equals 0
C. Capital account balance always equals 0
D. Balance of payments always equal 0
4
For a Muslim living within the code of Islam primary source for the the solution of economic problems is.
A. the Holy Quran
B. Sunnah
C. Both a and b
D. None of these
5
A depreciation of the dollar willhave its most pronounced impact on imports if the demand for imports is.
A. Constant
B. Inelastic
C. Elastic
D. Unitary elastic
6
A shift in tastes loward foreign goods______ net exports and causes the quantity of aggregate output demanded to.
A. decreases ; rise
B. decreases ; fall
C. increases ; rise
D. increases ; fall
7
Immediately after a through we would expect to have al
A. Peak
B. Recession
C. Recovery
D. Another trough
8
An expenditure reducing policy would consist of a decrease in
A. The par value of a currency
B. Government expenditures
C. Import duties
D. Business or household taxes
9
When equilibrium in the money and goods markets occurs at a rate of interest below the BP schedule internal and external equilibrium for the United States can he achieved by.
A. Expanding the U.S. money supply
B. Increasing government spending
C. Increasing taxes
D. Lowering interest rates in the united states.
10
In the event of an increase in the international price of oil that encouraged the central bank to accept lower real interest rates, inflation would most likely.
A. Fall
B. Increases
C. Remain the same
D. Fluctuate
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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