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.
"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.
Question # 3
According to the balances growth theory
Question # 4
By financial crowding our economists mean
Question # 5
You know that all taxes are distortionary under what conditions will this knowledge lead you to appose the imposition of every single tax in the economy.
Question # 6
Kharif crops include
Question # 7
The hypothesis would the tested with
Question # 8
An increase in expected inflation is likely ot cause.
Question # 9
Which of the following would cause the demand curve for an input to shift.
Question # 10
Foreign direct investment is made on
Question # 11
The goal of a pure market economy is to best meet the desires of.
Question # 12
In Production of goods and services tradeoffs exist becasue.
Question # 13
If the marginal revenue is positive
Question # 14
Primary activities
Question # 15
When the price of foreign currency the exchange is above the equilibrium level.
Question # 16
The total utility of the third unit of product x is.
Question # 17
Which of the following measures is the best measure of money as a medium of exchange.
Question # 18
The key issues of macroeconomics are
Question # 19
When planned consumption equals Rs. 40 + 0.90 Yd and planned investment is Rs.50, the equilibrium level of income is.
Question # 20
Snowball sampling is used for data collection through.
Question # 21
An increase in the money supply shifts the LM curve to the right causing the interest rate to __________ and output to.
Question # 22
According to the supply side model a reduction in the tax rate.
Question # 23
Given the Is -LM construction of the figure above an unexpected increase in the price level, in the absence of any policy adjustment will.
Question # 24
A current account surplus implies that
Question # 25
In 1950's subsidies given to.
Question # 26
Expansion in international trade is preferable over.
Question # 27
If A, B, C and D are any four market baskets, and if the consumer has ranked them so that D is preferred to C, A is hot preferred to B, and B is not preferred to c then.
Question # 28
If the exchange rate is above the equilibrium level.
Question # 29
Which of the following is correct with respect to the Paasche index.
Question # 30
A person who is made redundant because of the contraction of an industry is a victim of.
Usman Shahinshah06 - Jun - 2024
16 Min 23 Sec
22/30
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Shoaib khan11 - Oct - 2022
16 Min 49 Sec
20/30
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Noor Ulain07 - Feb - 2023
07 Min 21 Sec
19/30
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Abdullah innocent05 - Apr - 2023
08 Min 22 Sec
19/30
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azizbarawal@gmail.com 31 - Jan - 2023
13 Min 31 Sec
18/30
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Shad Ali Shah08 - May - 2024
14 Min 06 Sec
18/30
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G Ali11 - Oct - 2023
16 Min 36 Sec
17/30
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muhammad irfanatta28 - May - 2024
03 Min 55 Sec
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Munawer Ali15 - Feb - 2023
06 Min 22 Sec
16/30
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Sohaib Ali14 - Nov - 2024
12 Min 47 Sec
16/30
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Uzair Ahmad16 - Jun - 2023
13 Min 31 Sec
16/30
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Hammad Akram18 - Apr - 2023
28 Min 09 Sec
16/30
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Arsalan Haider11 - Jan - 2024
13 Min 52 Sec
15/30
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Amna Mawaz19 - Jul - 2024
05 Min 56 Sec
14/30
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Hira Bukhari08 - May - 2023
06 Min 20 Sec
14/30
PPSC
Economics
Important MCQ's
Sr.#
Question
Answer
1
The balance of trade can only worsen if income_______ relative to absorption
A. Increases
B. Decreases
C. Does not change
D. None of the above
2
Which among the following is not an essential of sampling.
A. Representativeness
B. Complete
C. Same
D. Dependent
3
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
4
The asset market approach is most helpful in explaining.
A. Why exchange rate remain quite stable
B. Why government change their money supplies
C. Long term exchange rate movements
D. Short term exchange rate movements
5
Capital, as economists use the term.
A. Is the money the firm spends to hire resources
B. Is money the firm raises from selling stock
C. Refers to the process by which resources are transformed into useful forms
D. Refers to things that have already been produced that are in turn used to produce other goods and services.
6
Which one of the following is the largest sector of Pakistan Economy.
A. Agriculture
B. Banking
C. Industry
D. Manufacturing
7
Net National product equals.
A. Gross national product minus indirect business taxes
B. Gross national product minus depreciation
C. National income minus indirect business taxes
D. National income pluses depreciation
8
"Money deposited for a term is not left in bank vaults but is loaned out by the banks This means that is dollar on deposit can flow back into the banking system one or more times and that dollar can expand the money supply What cnterminlogy do economists use to refer to the proses described in this clip.
A. The multiplier
B. The money multiplier
C. Required reserve ratio
D. Open market operations
9
The equilibrium level of saving is.
A. Rs.120
B. Rs.75
C. Rs.40
D. Rs.80
10
The central bank and the government are working against each other if as the government cuts taxes the central bank
A. Sells government bonds
B. Lowers the discount rate
C. Increase the money supply
D. Decrease the legal reserve requirements
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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