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.
Ti access internet services consumers must use a computer if computer prices fall, what is the effect on the demand for internet services.
Question # 2
The matrix A multiplies by its inverse will b e a.
Question # 3
Those who argue in favor of import protection generally give the impression that such restricted trade will.
Question # 4
Pakistan place in the world area size in ______ number.
Question # 5
A beneficial supply shock would cause.
Question # 6
An increase in aggregate demand if aggregate supply is totally inelastic will.
Question # 7
If an increase in investment leads to a bigger increase in national income this is called the.
Question # 8
The IMF is an agency charged with providing.
Question # 9
The locus of equilibrium of consumers due to changes in price of a commodity is known as.
Question # 10
If the income elasticity of demand is +4
Question # 11
According to schumpater
Question # 12
If one car company takes over another car company this is an example of which type of integration.
Question # 13
The public sector includes.
Question # 14
A decline in planned investment spending unrelated to the interest rate focuses the equilibrium level of aggregate output to ________ and shifts the _ curve to the _______
Question # 15
Import quotas tend to result in all of the following except.
Question # 16
What explains Solow's surprise.
Question # 17
In the short run the level of floating exchange rates is determined mainly by.
Question # 18
The earliest statement of the principle of comparative advantage is associated with.
Question # 19
Two independent variables are not independent of each other in a multiple regression problem The analyst most likely will be confronted with.
Question # 20
One of the difference between a perfectly competitive fir's long run equilibrium and the long run equilibrium of a monopolistically competitive firm is that
Question # 21
Foreign direct investment is made on
Question # 22
If matrix A is of m x n dimension, then A will be
Question # 23
A significant increase in the government budget deficit is likely to.
Question # 24
Assume a cosumer buys 25 units of good X at Rs.8 and 10 units of good Y at Rs. 6 in 1980. If Px = Rs. 6 and Py = Rs. 4 in 1970 the pasasche index is.
Question # 25
In the 1930s, when Keynes was alive a expansionary fiscal policy taking everything else constant would have led to.
Question # 26
"Rising productivity does not in itself spell the end of inflation. With enough______ it would still be possible to whip prices into a froth the blank is best filled with.
Question # 27
Snowball sampling is used for data collection through.
Question # 28
If banks and the private sector decide to hold less cash the money multiplier will be.
Question # 29
The participation rate in the labour force is affected by
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
According to Marshall the basis of consumer surplus is.
A. Law of diminishing marginal utility.
B. Law of equal marginal utility
C. Law of proportions
D. All of the above
2
Which of the following is a NOT component of M-2.
A. Small time deposited
B. Money market mutual funds
C. Stocks
D. Checkable deposits
3
industrial growth rate projected to__ this year against 3.1 percent last year
A. 2.4%
B. 3.4%
C. 4.4%
D. 5.4%
4
If the determinant formed by the elements of the matrix is not equal to zero, then the matrix is called.
A. Skew symmetric
B. Symmetric
C. Singular
D. Non -singular
5
Green revolution was in the following sector
A. Agricultural sector
B. Import sector
C. Services sector
D. Industrial sector
6
Since 1960 the rage of economic growth in the country has been
A. On the decline continuously
B. Increasing continuously
C. increasing occasionally.
D. Static in real terms
7
The nominal interest rate minus the inflation rate is the
A. Depreciation rate
B. Discount rate
C. Forward rate
D. Real interest rate
8
Economists tend to judge a model based upon
A. the realty of its assumptions
B. The accuracy of its predications
C. Its simplicity
D. Its complexity
9
Research adopted by
A. Scientific method
B. Political method
C. Invidia method
D. Public method
10
The effect of a tax to offset a negative eternality will be to ________ price and ____ quantity.
A. Reduce, reduce
B. increase, increase
C. Increase , reduce
D. reduce, increase
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.
.jpg)
Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
.gif)
