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 goal of a pure market economy is to best meet the desires of
Question # 3
The word economics derives from an early Greek term that means management of a.
Question # 4
If the fprice in a market is fixed by the government below equilibrium.
Question # 5
What adjusts to restore general equilibrium after a shock to the economy.
Question # 6
In monopsony there is
Question # 7
If a Set C contain all the elements which are present in both the set A and B then set C is called.
Question # 8
If the coefficient of price elasticity is less than one
Question # 9
If government spending of Rs. 10 and a lump sum tax of Rs.10 is added, the empirical equation for the new IS curve becomes.
Question # 10
A reduction in government spending causes the equilibrium level of aggregate output to ___________ at any given interest rate and shifts the ________ curve to the.
Question # 11
A system of systematically interrelated concepts definitions and propositions that are advanced to explained and product phenomena.
Question # 12
When oligopolistic firms interacting with one another each choose their best strategy given the strategies chosen by other firm in the market we have
Question # 13
Art gallery argument give emphasis to aesthetic aspect of.
Question # 14
The supply curve of a perfectly competitive firm
Question # 15
Desired national saving would increase unambiguously if there were
Question # 16
A firm's long run average total cost lineis
Question # 17
As income increases.
Question # 18
In Islam absolute ownership of property lies only with.
Question # 19
The central bank of a country plays a significant role in her macroeconomics performance by regulating the.
Question # 20
Adding up the quantities demanded of a good by different people facing the same price gives us the.
Question # 21
A tariff -rate quota
Question # 22
Economics assumes that people consume goods and services to achieve.
Question # 23
Health of a country's economy is indicated by
Question # 24
The arrangement were goods imported from trading partners in the developing world are subject to lower tariff rates than good from other countries is referred to as.
Question # 25
Who among the following is a supporter of animal liberation
Question # 26
An equation in which all variables are raised to the first power is known as.
Question # 27
Research is an organized
Question # 28
Higher export demand _______ output and a higher MPZ______ output..
Question # 29
An increase in the quantity of money supplied shifts the money supply curve to the_______ and the equilibrium interest rate
Question # 30
in 1950's industrial development was observes only in.
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
Important MCQ's
Sr.#
Question
Answer
1
Export led growth strategies tend to emphasize.
A. Resource allocation based on the principle of absolute advantage.
B. Resource allocation based on the principle of comparative advantage.
C. Trade protection for exporting competing firms
D. Trade protection for import competing firms
2
During inflation.
A. Lenders lose borrowers gain.
B. Borrowers lose , lenders gain
C. The real interest rate rises
D. Borrowers and lenders both lose.
3
A decrease in lump sum taxes is an examples of.
A. Contractionary fiscal policy
B. Expansionary fiscal policy
C. A change in induced taxes
D. A and c
4
A proposition which can be putto test to determine validity
A. Hypothesis
B. Operational definition
C. Data collection tool
D. Research design
5
According to budget 2012-13, Pakistan repays____ of loans to IMF
A. $ 1.8 Billon
B. $ 1.2 billion
C. $ 1.6 billion
D. None of these
6
The competitive firm maximizes its profit by operating where
A. Average costs are at a minimum
B. Total revenue is at a maximum
C. Profit per unit is at a maximum
D. Marginal cost equals price
7
In the neighborhood of the long run equilibrium of a monopolistically competitive firm average cost will be.
A. Decreasing
B. Constant
C. Increasing
D. At a minimum
8
Absolute advantage is determined by.,
A. Actual difference in labor productivity between countries.
B. Relative difference in labor productivity between countries.
C. Both a and b
D. neither a and b
9
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.
A. 105
B. 8%
C. 8.7%
D. 17.5%
10
"A monetary rule need not mean a single baid number If the central bank fears velocity shifts rules could be adopted for adjusting the target in the face of a trends change in velocity "If velocity were trending upward the target money growth rate would be adjusted.
A. Upward
B. Down ward
C. To be zero
D. To match inflation
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
.jpg)
