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.
The exchange rate system that best characterizes the present international monetary arrangement used by industrialized countries is.
Question # 2
When we know the quantity of a product that buyers wish to purchases at each possible price we know.
Question # 3
A shift in supply will have a bigger effect on price than output if demand is.
Question # 4
At any given level of the interest rate expectations are likely to be___________ optimistic and planned investment is likely to be ______ when _________ is growing rapidly than when it is growing slowly or falling.
Question # 5
What adjusts to restore general equilibrium after a shock to the economy.
Question # 6
Pakistan is the _________ largest Cotton Producer country in the world
Question # 7
The current account includes
Question # 8
Livestock is
Question # 9
Collection of well defined distinct objects thought of as a whole is called
Question # 10
In cartels.
Question # 11
Per Capita income is obtained by dividing National income by
Question # 12
A supply curve that starts at the origin has
Question # 13
(A+B) = (B+A) this law of matrices is known as.
Question # 14
The total multiplier for the economy will reflect.
Question # 15
A cut in the tax rate designed to reduce the business investment is an example of.
Question # 16
Which of the following solutions does the economist suggest to cost inflation in higher education.
Question # 17
Other things equal a decrease in autonomous consumption shifts the _____ curve to the
Question # 18
An increase in price all other things unchanged leads to.
Question # 19
The book Summa Theologica ' ws written by
Question # 20
In the ISLM frame work a contractionary fiscal policy causes aggregate output to ___________ and the interest rate to
Question # 21
John Stuart Mill was the founder of the
Question # 22
Using the Keynesian model , the effect of a decrease in the effective tax rate on capital would be to cause_____ in the real interest rate and __ in output in the long run.
Question # 23
During periods of rising inflation and rising interest rates we expect the demand for real cash to.
Question # 24
MC = MR= AR=AC = Price shows the longs run
Question # 25
Which of the following best defines price discrimination.
Question # 26
If Federal reserve conducts open market sales, the money supply ___ shifting the LM curve to the_____
Question # 27
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.
Question # 28
The research is a systematic gathering of information among individuals and collectives.
Question # 29
"An Enquiry into the Nature and causes of wealth of Nations" is thebook of economist.
Question # 30
Objectivity, generality, systematic and quality are the characteristics of.
Usman Shahinshah06 - Jun - 2024
16 Min 23 Sec
22/30
S
Shoaib khan11 - Oct - 2022
16 Min 49 Sec
20/30
N
Noor Ulain07 - Feb - 2023
07 Min 21 Sec
19/30
A
Abdullah innocent05 - Apr - 2023
08 Min 22 Sec
19/30
A
azizbarawal@gmail.com 31 - Jan - 2023
13 Min 31 Sec
18/30
S
Shad Ali Shah08 - May - 2024
14 Min 06 Sec
18/30
G
G Ali11 - Oct - 2023
16 Min 36 Sec
17/30
M
muhammad irfanatta28 - May - 2024
03 Min 55 Sec
16/30
M
Munawer Ali15 - Feb - 2023
06 Min 22 Sec
16/30
S
Sohaib Ali14 - Nov - 2024
12 Min 47 Sec
16/30
U
Uzair Ahmad16 - Jun - 2023
13 Min 31 Sec
16/30
H
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
H
Hira Bukhari08 - May - 2023
06 Min 20 Sec
14/30
PPSC
Economics
Important MCQ's
Sr.#
Question
Answer
1
Coefficient of standard deviation is.
A. SD/Median
B. SD/Mean
C. SD /Mode
D. AM/SD
2
If a country has a linear production possibilities frontier then production is said to be subject to.
A. Constant opportunity costs
B. Decreasing opportunity costs
C. First increasing and then decreasing opportunity costs
D. Increasing opportunity costs
3
Productivity can grow.
A. If capital per hour of labor increases.
B. If there are no technological advances.
C. If capital per hour of labor decreases
D. If real GDP per hour labor decrease and capital per hour of labor increases.
4
Which exchange rate mechanism calls for frequent redefining of the par value by small amounts to remove payments disequilibrium.
A. Dual exchange rates
B. Adjustable pegged exchange rates
C. Managed floating exchange rates
D. Crawling pegged exchange rates.
5
In land intensive method which mean production is used comparativelymore
A. Labour
B. Land
C. Capital
D. Organization
6
A mixed economy
A. Has supply but not demand
B. Has demand but not supply
C. Has supply and demant
D. Has market forces and government intervention
7
A public good
A. Is provided by the government
B. Is free
C. Has the properties of being non excludable and non diminishable
D. Has external costs
8
A situation in which expansionary in monetary policy has no effect on the economy is known as.
A. Macro economic stabilization
B. A liquidity trap
C. A depression
D. Capital flight
9
All of the following are credit items in the balance of payments except.
A. Investment inflows
B. Merchandise exports
C. Payment for American service's to foreigners
D. Private give to foreign residents
10
Dynamic multipliers occur when
A. the assumption of ceteris paribus is dropped
B. The economy is not in equilibrium
C. Consumption is unrelated to disposable income
D. there is lagged response between consumption and disposable income
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.
Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
