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.
The determinant of a matrix and that of its transpose are
Question # 3
The short run impact of unanticipated expansionary monetary policy is that.
Question # 4
In the Keynesian cross diagram a decline in autonomous consumer expenditure causes the aggregate demand function to shift down The equilibrium level of aggregate output to ___________ and the IS curve to shift to the
Question # 5
Rapid increases in the price level during periods of recession or high unemployment are known as.
Question # 6
The budget deficit tends to decrease when
Question # 7
To prevent the external value of the currency from failing the government might
Question # 8
An autonomous rise in the value of the Rupee makes Pakistan goods _____ expensive relative to foresight goods which ______ net exports
Question # 9
The level of the equilibrium exchange rate offsets international difference in.
Question # 10
A decrease in the marginal propensity to import will lead to.
Question # 11
The equilibrium inflation rate is determine by the intersection of __________ and ___
Question # 12
The costs of disinflation would be low if
Question # 13
Th transpose of the cofactor matrix is called.
Question # 14
It takes place with persons known to have been involved in particular concrete situations.
Question # 15
The value of the dependent variable where the graph cuts the y-axis is called.
Question # 16
The overall Budget Deficit is financed from
Question # 17
When the price of foreign currency the exchange is above the equilibrium level.
Question # 18
The demand for a product would be more inelastic.
Question # 19
Which of the following macro economic variables is the most seasonally pro cyclical.
Question # 20
The participation rate in the labour force is affected by
Question # 21
In an industry with a falling long term supply curve, which of the following is true.
Question # 22
An increase in investment leads to an increase in income and consumer spending, which in turn leads to a further increase in investment spending This is example of.
Question # 23
The main cause of cyclical unemployment is that.
Question # 24
The current account includes
Question # 25
In 1950's liberal policy was adopted regarding.
Question # 26
Which of the following is an example of government policy that could reduce inflation.
Question # 27
Less Developed countries lend to have
Question # 28
What technical terminology do economists use to refer to how much the money will multiply as this process unfolds.
Question # 29
LDC's often have a comparative advantage in the production of.
Question # 30
The idea that the natural rate of unemployment rises when the acual rate of unemployment rise is known s.
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
A
Abdullah innocent05 - Apr - 2023
08 Min 22 Sec
19/30
A
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
16/30
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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
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
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Hira Bukhari08 - May - 2023
06 Min 20 Sec
14/30
PPSC
Economics
Important MCQ's
Sr.#
Question
Answer
1
During the 1980's empirical evidence indicates that.
A. Poverty re emerged in Pakistan
B. Good growth brought down poverty in Pakistan.
C. Poverty situation showed no change
D. None of the above
2
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%
3
Why is the law of diminishing marginal returns ture.
A. Specialization and division of labor
B. Spreading the average fixed cost
C. Limited capital
D. All factors being variable in the long run
4
When an increase in government spending is matched by an equal decrease in government transfers the income level will.
A. Stay the same
B. Increase
C. Decrease
D. None of these
5
In monopolistic competition firms profit maximize where
A. Marginal revenue = average revenue
B. Marginal revenue= Marginal cost
C. Marginal revenue= Average cost
D. Marginal revenue = Total cost
6
In a Boom
A. Surpluses are likely to occur
B. Prices are likely to fall
C. supply will increase immediately to match demand
D. Shortages may occur
7
A decrease iin money demand other thing equal shifts the _____ curve to the
A. IS ; right
B. Is ; Left
C. LM ; Left
D. LM ; Rfight
8
If an increase in investment leads to a bigger increase in national income this is called the.
A. Accelerator
B. Aggregate demand
C. Monetarism
D. Multiplier
9
The ratio of debt to GDP will be larger
A. The lower the real interest rate
B. The lower the growth rate of output
C. The lower the in initial debt ratio
D. The lower the ratio of the primary deficit to GDP
10
The determinant of a matrix and that of its transpose are
A. Equal
B. Zero
C. One
D. Negatively related
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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