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.
Riskless transactions to take advantage of profit opportunities due to a price differential or a yield differtial in excess of transaction costs are called.
Question # 3
Injection are
Question # 4
A monopolist who is charging high price operates on.
Question # 5
A specification of a maximum amount of a foreign produced good that will be allowed to enter the country over a given time period is referred to as a
Question # 6
Under floating exchange rates, expectations of higher interest rates are likely to cause an __________ of the exchange rate.
Question # 7
Characteristics of economic laws are
Question # 8
Bank and other corporations were nationalized by
Question # 9
The aggregate demand curve is downward sloping because a higher price level.
Question # 10
Which of the following does not characterize monopolistic competition.
Question # 11
If A and B are symmetric matrices, then A +B is
Question # 12
Compared to the case of perfect competition.
Question # 13
A profit maximizing firm in perfect competition produces where
Question # 14
Ahmed uses dummy variables in order to determine the monthly seasonal effect in her regression model. The number of dummy variables used will be.
Question # 15
The marginal rate of tax paid is.
Question # 16
If the intercept of the consumption function is 75, and MPS is 0.10 the value of consumption expenditures at Yd = Rs. 5,000 is
Question # 17
A square matrix a of order 'n' is called a diagonal matrix if its non diagonal elements are.
Question # 18
The "balance trade" is a record of.
Question # 19
In monopoly when abnormal profits are made.
Question # 20
Less demand in the economy may increase unemployment this may lead to less spending which may reduce demand further This is called.
Question # 21
The epigram "time is money" expresses , in part, the concept of.
Question # 22
A mathematical expression relating the amount of output produced to quantities of capital and labor utilized is the
Question # 23
To basic objective of sampling study is.
Question # 24
A subsidy paid to producers.
Question # 25
When the S/L exchange rate rises the pounds______ and whent he S/L rate falls the pounds.
Question # 26
when the period of Kharif crop starts and when ends.
Question # 27
If each element of a raw or column is a sum of two elements, the determinant can be expressed as the
Usman Shahinshah06 - Jun - 2024
16 Min 23 Sec
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Shoaib khan11 - Oct - 2022
16 Min 49 Sec
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Noor Ulain07 - Feb - 2023
07 Min 21 Sec
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Abdullah innocent05 - Apr - 2023
08 Min 22 Sec
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azizbarawal@gmail.com 31 - Jan - 2023
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Shad Ali Shah08 - May - 2024
14 Min 06 Sec
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G Ali11 - Oct - 2023
16 Min 36 Sec
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muhammad irfanatta28 - May - 2024
03 Min 55 Sec
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Munawer Ali15 - Feb - 2023
06 Min 22 Sec
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Sohaib Ali14 - Nov - 2024
12 Min 47 Sec
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Uzair Ahmad16 - Jun - 2023
13 Min 31 Sec
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Hammad Akram18 - Apr - 2023
28 Min 09 Sec
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Arsalan Haider11 - Jan - 2024
13 Min 52 Sec
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Amna Mawaz19 - Jul - 2024
05 Min 56 Sec
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Hira Bukhari08 - May - 2023
06 Min 20 Sec
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PPSC Class
Economics
Important MCQ's
Sr.#
Question
Answer
1
In the money market a condition of excess supply of money cna be eliminated by a _________ in aggregate output or a __ in the interest rate , both of which increase the quantity of money demanded.
A. rise ; rise
B. rise ; fall
C. fall ; rise
D. fall ; fall
2
A demand curve shows that relation between price and demand.
A. Positive
B. Negative
C. Zero
D. Very strong
3
Which of the following changes shifts the long run aggregate supply curve to the right.
A. A demographic change that increases the labor supply
B. A decrease in the demand for labor
C. An increase in consumer confidence
D. A decrease in taxes
4
Th transpose of the cofactor matrix is called.
A. Adjoin of the matrix
B. Power of a matrix
C. Minor of the matrix
D. Rank of a matrix
5
The notion of relationship is important is.
A. Land ethics
B. Deep ecology
C. Deontology
D. Ecosopy
6
According to Lincoln, I. Chao what is the primary objective of modern statics.
A. Presentation of data
B. Collection of quantitative data
C. Assisting in making decisions
D. Summarization of data
7
Social science Research
A. Explain Problem
B. diagnosis problem
C. Recommend problems
D. Formulate probelms
8
The costs of disinflation would be low if
A. Expected inflation falls as inflation falls
B. Wages and price controls were used
C. The Phillips curve were nearly horizontal
D. The Phillips curve adjusted slowly to changes in inflation
9
According to Keynes, the level of employment is determined by
A. Interest rates
B. The level of prices
C. The level of aggregate supply in the economy
D. The level of aggregate demand for goods and services.
10
To avoid double counting when the GNP is estimated, economists
A. Price all goods and services bought and sold in all markets
B. Use the GNP deflator
C. Price only intermediate goods
D. Calculate value added at each stage of production.
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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