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.
In the economy when a steel producer sells steel to car producer it is regarded as.
Question # 2
Direct investment and security purchases are classified as.
Question # 3
A movement along the supply curve may be caused by
Question # 4
Scientific method in the application of valid and reliable research methods.
Question # 5
Social research aims at.
Question # 6
A commercial bank has a required reserve ratio of 20% and desires to hold 5% in excess reserves. the bank receives a Rs. 10,000 deposit. It it abides by the required reserve ration and its desire to hold excess reserves the bank can make a loan of a most.
Question # 7
Pure research is focused to collect knowledge without any intention to.
Question # 8
A decrease in autonomous consumer expenditure causes the equilibrium level of aggregate output to __________ at any given interest rate and shifts the ___ curve to the __________
Question # 9
When total utility becomes maximum then marginal utility will be.
Question # 10
Which of the following concepts represents the extra revenue a firm neceives from the services of an additional unit of a factor of production.
Question # 11
A depreciation of currency occur when
Question # 12
The IS curve shifts to the left when
Question # 13
With fixed exchange rates and no private currency flow, when the central bank buys domestic currency the domestic money supply is.
Question # 14
Empirically verifiable observation is
Question # 15
Statistics should be capable of.
Question # 16
In the short run the competitive firm will produce if.
Question # 17
An increase in investment is most likely to be caused by.
Question # 18
"More reliable results can be obtained through sampling method" because.
Question # 19
Life centered, ethics taken into account of action of.
Question # 20
The supply of foreign currency tends to be
Question # 21
The theory of Ruler -urben migraines presented by.
Question # 22
Most tariffs have
Question # 23
What's the most common way for a central bank to reduce the money supply.
Question # 24
If the money supply change was correctly and fully anticipated for a change of M to MI new classical macroeconomics under the assumption of rational expectations would predict a movement from.
Question # 25
The main role of the Federal Reserve is to
Question # 26
A shift in tastes toward Pakistan goods ________ net exports and causes the IS curve to shift to the.
Question # 27
Money or paper currency serves at least _______ functions.
Question # 28
In balance of payments accounting tourism and travel are classified in the
Question # 29
The values are represented by identical symbol or pictures.
Question # 30
Less demand in the economy may increase unemployment this may lead to less spending which may reduce demand further This is called.
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
Pakistan is the _________ largest Cotton Producer country in the world
A. Fourth
B. Fifth
C. Eight
D. Sixth
2
Which of the following assets is most liquid.
A. Shares of stock in IBM
B. Land
C. Gold
D. Currency
3
Total factor productivity growth is that part of economic growth due to.
A. Capital growth plus labor growth
B. Capital growth less labor growth
C. Capital growth times labor growth
D. Neither capital growth nor labor growth
4
Disposable incomes is equal to.
A. National income Minus taxes
B. Real GDP
C. National income Minus taxes
D. National income Minus Taxes plus transfers
5
Firms in perfect competition face a
A. Perfectly elastic demand curve
B. Perfectly inelastic demand curve
C. Perfectly elastic supply curve
D. Perfectly inelastic supply curve
6
A rise in the price of bond causes the yield of the bond to.
A. Rise
B. Fall
C. Remain unchanged
D. Rise uf ut's a short term bond, fall if it's a long term bond
7
The Marginal cost of product W exhibiting positive externalities is McW = 25 + 5 Qs, the competitive price for each unit of W (Pw) is Rs. 175 and the positive externality is worth Rs. 100 to society for each unit produced. Society considers product W under produced by how many units.
A. 10 Units
B. 15 Units
C. 20 Units
D. 5 units
8
If the price elasticity of demand for a non giffen good is inelastic are decreased in its price result in.
A. Increase in demand
B. Decrease in demand
C. Increase in total revenue
D. Decrease in total revenue
9
If a few firms dominate an industry the market is known as.
A. Monopolistic competition
B. Competitively monopolistic
C. Duopoly
D. Oligopoly
10
The equilibrium inflation rate is determine by the intersection of __________ and ___
A. demand, supply
B. IS , LM
C. AD, AS
D. Labour demand, labour supply
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)
