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 concept of the intuition of deep ecology is related to.
Question # 2
a x2 + bx + c = 0
Question # 3
A nation experience external balance if it achieves.
Question # 4
Islam is against
Question # 5
Injection are
Question # 6
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 # 7
In perfect competition.
Question # 8
A fixed exchange rate, plus perfect capital mobility _______ the scope for monetary policy.
Question # 9
The multiplier that applies to changes in autonomous investment is identical to changes in.
Question # 10
What technical terminology do economists use to refer to how much the money will multiply as this process unfolds.
Question # 11
The negative effect on the economy that occurs when average tax rates increases because taxpayers have moved into higher income brackets during an expansion is.
Question # 12
The fact that the production function relating output to labor becomes flatter as we move from left to right means that.
Question # 13
The marginal rate of substitution of two goods can be obtain from
Question # 14
If the central Bank wished to Tighten money is would.
Question # 15
Inferential statistics is the branch of statistics which helps in inferring.
Question # 16
Who is the proponent of the theory of deontology.
Question # 17
According to the quantity theory of money an increase in the money supply is most likely to lead ot inflation if
Question # 18
The yield curve shows
Question # 19
The price mechanism does not act as a
Question # 20
Which of the following is NOT characteristics of underdeveloped nations.
Question # 21
Market some times fall to exist because of.
Question # 22
A competitive firms demand curve is.
Question # 23
The notation of Relationship is important
Question # 24
Saving means
Question # 25
All the UDCs of the world are homogeneous is broad sense and.
Question # 26
In the Keynesian cross diagram a decline in autonomous consumer expenditure causes the aggregate demand function to shift down The equilibrium level of aggregate output to ___________ and the IS curve to shift to the
Question # 27
The signed minor of the matrass A is called.
Question # 28
The short term interest rates on bonds over the next 5 years is 6% , 7%, 9% ,10% and 8% according to the expectations Hypothesis, the interest rates on bonds with 5 years to maturity will be.
Question # 29
Which of the followig does not shift the IS curve .
Question # 30
It provides systematic knowledge on problem and issues analyzed.
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
Tertiary activity includes.
A. Production
B. Services
C. Agriculture
D. None of these
2
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
3
One of the following is not a necessary characteristics of UDCs
A. Low saving ratio
B. Low capital formation
C. Disguised unemployment
D. Insufficient human resources.
4
Suppose there is full employment and a neoclassical aggregate supply schedule A 105 increases in the nominal money supply.
A. Has no effect upon the price level
B. Increase the rate of interest
C. Increase the nominal wage 10%
D. Increase the real money supply 10%
5
In monopoly in long run equilibrium.
A. The firm is productively effieient
B. The firm is allocatively inefficient
C. The firm produces where marginal cost is less than marginal revenue
D. The firm produces at the sociality optimal level
6
The "Law of demand" most directly means that consumers buy
A. More of a good the higher their incomes, ceteris paribus.
B. Less of good the higher its price ceteris paribus
C. Buy more of a good the less is its supply ceteris paribus
D. Buy less of a good the greater is its supply ceteris paribus
7
In the Keynesian model which curve is vertical.
A. LRAS
B. SRAS
C. AD
D. NS
8
The total utility of the third unit of product x is.
A. 10
B. 5
C. 23
D. 38
9
When plotted with the aggregate price level on the vertical axis and output on the horizontal axis which of the following curves is vertical.
A. SRAS
B. AD
C. LRAS
D. None of the above
10
Control is the essential ingredient of
A. Descriptive method
B. Diagnostic method
C. Explorative method
D. Experiential method
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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