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 variable whose value is determined witching an economic theory or model is.
Question # 3
An item designed as money that is intrinsically worthless could the.
Question # 4
Of the following the thinkers who viewed markets most favorably and who would consequently have been least likely to condemn payments of interest as immoral or unjustified by productivity would have been.
Question # 5
Indifference curve approach is also called.
Question # 6
The through of a business cycle occurs when ______ hits its lowest point.
Question # 7
If government regulations prohibit the production of a particular good the demand curve for that good will most likely.
Question # 8
Sales taxes are generally considered to be.
Question # 9
The opportunity cost of holding currency decreases when.
Question # 10
International trade forces domestic firms to become more competitive in terms of.
Question # 11
Absence of representatives are special feature of.
Question # 12
The implementation lag for monetary policy is generally
Question # 13
Debt repayment defense spending and general administrative expenditures consume ___ of Pakistan's annual budget.
Question # 14
When the reserve requirement on checking deposits is 0.10 and the Federal Reserve purchases government securities values at Rs. 100,000, the MI money supply.
Question # 15
Given or known values in an equation are called.
Question # 16
Using the Keynesian model , the effect of a decrease in the effective tax rate on capital would be to cause_____ in the real interest rate and __ in output in the long run.
Question # 17
The largest trading partner of Pakistan is
Question # 18
In the economy when a steel producer sells steel to car producer it is regarded as.
Question # 19
Research is an organized
Question # 20
Suppose the demand curve for a good shifts rightward, causing the equilibrium price to increase this increase in the price of the good results in.
Question # 21
Top footballers land to earn more than lecturers because.
Question # 22
Data that are verbal or other symbolic materials.
Question # 23
Which method develop theories.
Question # 24
Macro economics deals with
Question # 25
Interview guide leaves as a suggestive reference or prompter during.
Question # 26
Qara -e- Hasna is normally payable to.
Question # 27
A question which requires a solution is.
Question # 28
A Six year development plan was prepared on the recommendation of Colombo consultation Committee from _____ to.
Question # 29
A typical demand curve cannot be
Question # 30
As long as the principle of diminishing marginal utility is operating any increased consumption of good.
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
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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
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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
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
From of Agriculture in which famers move from place to place in search of better land is called.
A. Subsistence farming
B. Shifting cultivation
C. Shifting agriculture
D. All of these
2
ECO come into force in.
A. January 1985
B. January 1966
C. January 1948
D. January 1949
3
Pakistan's fiscal year starts from
A. 1st September
B. 1st January
C. 1st April
D. 1st July
4
Which of the following is not included in gorses investment.
A. Business and residential constrcution.
B. Expenditures on consumer goods
C. Additions to business inventory
D. Expenditures on machinery
5
The supply curve of a perfectly competitive firm
A. Includes the upward sloping portion of the marginal cost
B. Is equal to entire margin cost
C. Includes the downward sloping portion of marginal cost
D. None of these
6
the purpose of research is to discover answer to questions through application of.
A. Scientific method
B. scientific research
C. Scientia procedure
D. Social science research
7
Gender is categorized as
A. Nominal data
B. Ordinal data
C. Interval data
D. Ratio data
8
in 1950's industrial development was observes only in.
A. Food industry
B. Textile industry
C. Coal industry
D. Cement indusry
9
Laboratory experiments cannot be performed in economics because.
A. Of resource scarcity
B. Economics is a natural science
C. Of the difficulty of distinguishing between normative and positive statements.
D. Economics is a social science
10
The average total cost of a wedge increases from Rs. 0.79 ro Rs. 0.83 Evidently
A. AFC exceeds AVC
B. MC is between Rs. 0.79 and Rs. 0.83
C. AVC is Rs. 0.83
D. MC is greater than Rs. 0.83
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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