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.
Suppose you are a monetarist and believe in the the monetarist rule which the monetary authorities appear to be following if the economy beings to experience a slight increase in the inflation rte you would recommend that the monetary autorities.
Question # 2
In a competitive industry each buyer and seller.
Question # 3
An ethics that treats only humans as morally considerable is called.
Question # 4
Arne Naes is a
Question # 5
A product will be traded only if the pre trade price difference between the two countries
Question # 6
A demand curve shows that relation between price and demand.
Question # 7
Agricultural income tax in Pakistan will be leived on the famers with land holding of or more than.
Question # 8
In Pakistan government budget is prepared by.
Question # 9
The definition of various terms, units of collection and measurement help ensuring that.
Question # 10
A widely used indicator to differentiate developed countries from developing countries is.
Question # 11
Research design indicate a plan of action to be carried out in connection with a proposed.
Question # 12
During the financial year 1999-2000 the tax yielding the largest revenue for the Federal Government was.
Question # 13
A matrix with all elements zero other than all the diagonals is called.
Question # 14
If one car company takes over another car company this is an example of which type of integration.
Question # 15
Case studies are not use ful for
Question # 16
The institutional framework developed in 1974 to promote trade liberalization is known as.
Question # 17
in the Keynesian cross diagram, a decrease in investment spending because companies become more pessimistic about investment profitability causes the aggregate demand function to shift _____the equilibrium level of aggregate output to fall and the IS curve to shift to the.
Question # 18
Statistics should be capable of.
Question # 19
Research based on empirical evidences and.
Question # 20
GDP plus net property income from aboard equals what.
Question # 21
The price of salsa rises, How does the increase in the price of salsa affect the supply of salsa.
Question # 22
The current chairperson of the planning commission of Pakistan.
Question # 23
Data that are verbal or other symbolic materials.
Question # 24
According to Keynes, the level of employment is determined by
Question # 25
Which of the following does not result in an increase in U.S. autonomous net exports.
Question # 26
Which of the following procedures is included in the process that produces a value for disposable personal income
Question # 27
In the classical model of Ricardo the direction of trade is delemined by.
Question # 28
In closed economic model aggregate demand is not sensitive to.
Question # 29
The IS curve shows the combinations of output and the real interest rate for which.
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
When the population is badly affected, which type of sampling is appropriate.
A. Systematic sampling
B. Stratified sampling
C. Cluster sampling
D. None of the above
2
The government budget surplus equals
A. Government purchases plus transfers
B. Net government receipts minus government purchases
C. Government purchases minus net receipts
D. Government purchases minus transfers.
3
In the short run an increase in the quantity of money ______ real GDP and _ the price level.
A. increases ; raises
B. does not change ; lowers
C. decreases ; raises
D. decrease ; lowers
4
The impact of contractionary fiscal policy, according to new classical theory is that.
A. Real interest rates do not change
B. Aggregate demand increase
C. Current real output substantially decreases
D. The price level substantially increases.
5
Starting from a position where the nation's money demand equals the money supply and its balance of payments is it equilibrium, economic theory suggest that the nation's balance of payments would more into a surplus position if there occurred in the nation a.
A. Decrease in the money supply
B. Increase in the money supply
C. Decrease in the money demand
D. any of the above
6
Pakistan's public debt a
A. LarGer than GNP
B. Approximately equal to GNP
C. Small than GNP
D. Smaller than our exports
7
A cut in the tax rate designed to reduce the business investment is an example of.
A. Expansionary demand side policy
B. Contractionary demand side policy
C. Expansionary supply side policy
D. Contractionary supply side policy
8
Acquisition and merger are examples of.
A. Internal growth
B. External growth
C. Organic growth
D. Underlying growth
9
Which of the following groups is most hurt by unexpected inflation.
A. Workers with cost of living adjustments in their labor contracts
B. Home owners
C. People with large debts to pay for their homes and cars
D. People with large retirement savings held in savings accounts.
10
An expansionary supply side shock results in.
A. An increased real national income
B. The aggregate supply curve shifting to the left
C. The aggregate demand curve shifting to the right
D. The aggregate demand curve shifting to the left
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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