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	The standard of living is often measured by	A. Real GDP per capita B. Real GDP C. Real GDP * Population D. Real GDP Plus depreciation
2	All the UDCs of the world are homogeneous is broad sense and.	A. Heterogeneous in narrow sense B. Homogenous in narrow sense also C. Homogenous in human resources D. Homogenous in natural resources
3	The opportunity cost of a student is.	A. Course fees and rent B. A loan from the bank C. What the student could have earned in the best job available by not studying. D. What the student will earn after graduation.
4	The study which wants to determine the frequency of occurrence of an event of its association with something.	A. Descriptive B. Explorative C. Formulate D. Diagnostic
5	A purely monetary explanation of the business cycle is proposed by	A. Hawtrey B. Schumpeter C. Hansen D. None of these
6	The opportunity cost of holding currency decrease when	A. Income decreases B. The interest rate on bonds decreases C. The interest rate on money decrease wealth decrease D. Wealth decreases
7	After a temporary beneficial supply shock hits the economy general equilibrium is restored by	A. A shift down and to the left of the IS curve B. A shift to the left of the FE line C. A shift up and to the left to the LM curve D. A shift down and to the right of the LM curve
8	If the demand curve for a good is downward sloping then the good must be.	A. Normal B. Inferior C. Giffen D. Either a or b
9	Which of the following is a reason for misuse of statistics.	A. data can be manipulated B. Figures are convincing C. Figures can be used to mislead readers D. All of the above
10	Given a proportional income tax and a government budget that is currently in balance, an increase in autonomous investment ceteris paribus, Increases equilibrium income and the budget.	A. Remains is balance B. Has a surplus C. Has a deficit 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

A decline in taxes __ consumer expenditure and shifts the _ curve shifts to the.

A function where a variable x can only very in jumps, is often called.

In monopolistic competition firm sell

Art gallery argument give emphasis to aesthetic aspect of.

Which exchange rate system does not require monetary reserves for official exchange rate intervention.

Guid up of foreign exchange reserves leads to.

currency speculation is__________ if speculators bet against market forces that cause exchange fluctuations, thus moderating such fluctuations.

The research is a systematic gathering of information among individuals and collectives.

An equation in which all variables are raised to the first power is known as.

Devaluation of rupee would result into

An increase in the number of workers hired by a firm could result from

If A and B are symmetric matrices, then A +B is

in GDP 24% share comes from

Which of the following is a characteristic of pure monopoly.

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

Which of the following is not viewed by the text as a major political obstacle to development.

Last land reforms made in 1977 by

In the ISLM frame work an expansionary fiscal policy causes aggregate output to _________ and the interest rate to.

The extra utility from consuming one more unit of a good is called.

During inflation.

To be allocatively efficient ta firm must produce where

If for the output of worth 1 million the stock of capital worth 4 million is required this will be.

Research may be made through either arbitrary method of

All of the following are fundamental to the world trade organization except.

Mercantilism.

One of the transmission mechanism of monetary policy is through consumer house hold wealth.___________ and consumption.

Which of the following would qualify as an aggregate supply shock.

The conjecture that inequality first increases with development then decreases with further development has been

The search for answers to research questions is called collection of

Which of the following actions is an example of expansionary fiscal policy.

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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