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.
If firms paying employees monthly began paying them weakly then the demand for money would.
Question # 2
Major sector of the Pakistan economy in
Question # 3
If the money supply change was correctly and fully anticipated for a change of M to MI new classical macroeconomics under the assumption of rational expectations would predict a movement from.
Question # 4
Ad valorem tariffs are collected as
Question # 5
In the classical model of Ricardo the direction of trade is delemined by.
Question # 6
Headquarter of the Planning commission of Pakistan is located in.
Question # 7
When all of the debit or credit items in the balance of payments are combined
Question # 8
" A growing number of economists view the Fed's new willingness to take on more of the nation's debt as inflationary in the long run." This inflation worry is because.
Question # 9
The long run aggregate supply curve
Question # 10
When GNP is Rs.500 billion and consumption expenditures are Rs.300 billion.
Question # 11
The theory of Ruler -urben migraines presented by.
Question # 12
Short run is a time frame where a firm can change its.,
Question # 13
The multiplier for a change in social security benefits is equl to the multiplier for a change in the same direction in salaries of Evanston police officers tiems.
Question # 14
Economic theory assumes that people
Question # 15
In the monetary base is increased by $1,000 and the reserve requirement is 10% by how much will the money supply be increased.
Question # 16
There are __________ basic economic activities.
Question # 17
The ratio of debt to GDP will be larger
Question # 18
International trade in good sand services is sometimes used as a substitute for all of the following except.
Question # 19
The costs of disinflation would be low if
Question # 20
If A and B are symmetric matrix, then AB- BA is.
Question # 21
An increase in autonomous consumer expenditure causes the equilibrium levelof aggregate output to _______ at any given interest rate and shifts the ____ curve to the
Question # 22
If a government imposed price celling causes the observed price in a market to be below the equilibrium price.
Question # 23
Short run equilibrium output means that aggregate demand _ actual output
Question # 24
The Philips curve shows the relationship between inflation and what?
Question # 25
Human capital can be described as.
Question # 26
According to the Hackscher - Ohlin model the source of comparative advantage is a country's
Question # 27
A model of game theory of oligopoly is known as the
Question # 28
Should international transpiration costs decrease, the effect on international trade would include a.
Question # 29
Usury is prohibited in
Question # 30
What is the share of Urban Population in the total population of Pakistan.
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
Sr.#
Question
Answer
1
Specific tariffs are collected as
A. Fixed amount of money per unit traded
B. a percentage of the price of the product
C. A percentage of the quantity of imports
D. All of the above
2
A profit maximizing firm will employ labour up to the point where.
A. Marginal revenue = Marginal product
B. Margial cost = Marginal product
C. Marginal revenue product = Average cost of labour
D. Marginal revenue product = Marginal cost of labour
3
Government policies that focus on increasing production rather than demand are called.
A. Fiscal policies
B. Monetary policies
C. Incomes policies
D. Supply side policies
4
___________ are quotas that lead to a complete abolishment of trade.
A. Nontariff barriers
B. Embargoes
C. Voluntary export restraints
D. Orderly marketing agreements
5
An increase in government spending causes the equilibrium level of aggregate output to_______ at any given interest rate and shifts the ____ curve to the
A. rise ; LM ; right
B. rise ; LM ;Left
C. fall ; IS ; Left
D. rise ; IS ;right
6
Islamic economics is a social science which studies the economics of people living within the frame work of.
A. Islam
B. Nationalism
C. Arab nationalism
D. All of these
7
Unemployment Rate is a percentage relation with reference is.
A. Total population
B. Civilian labour force
C. Employed persons
D. Unemployed persons
8
The classical are of the view that utility can be.
A. Ranked
B. Counted
C. Expressed in numbers
D. Not counted
9
Which of the following organizations primarily provides long term loans to developing countries to help them develop their infrastructure such as schools hospitals and roads.
A. World Bank
B. International Monetary fund
C. Council on foreign Relations
D. Organization of petroleum exporting countries
10
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
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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