PPSC Economics Topic 10 MCQS Test Preparation

Punjab Public Service Commission, PPSC is an organization regulated by the Punjab government to sort out the suitable and deserving candidates for several vacant positions at the Punjab province level. The organization makes sure that the exams are conducted in a peaceful and satisfactory environment. Moreover, the organization also announces the results with complete transparency and helps in the further recruiting process at the provincial level.

MCQ's Test For PPSC Economics Topic 10 Public Finance

Try The MCQ's Test For PPSC Economics Topic 10 Public Finance

  • Total Questions20

  • Time Allowed20

Start Test Download PDF

PPSC Economics Topic 10 Public Finance

00:00
Question # 1

a nation with a current account deficit will be

Question # 2

The central economic problem in an economy refers to.

Question # 3

During the 1980's empirical evidence indicates that.

Question # 4

The effect of the most favored nation clause is to

Question # 5

Which of the following is most likely to benefit a debtor.

Question # 6

The type of business in which an individual has unlimited responsibility for the debts of the organization.

Question # 7

A purely monetary explanation of the business cycle is proposed by

Question # 8

Non tariff trade barriers could include all of the following except

Question # 9

According to factor price equalization theorem the ______ factor should oppose free trade policies in any given country.

Question # 10

International trade forces domestic firms to become more competitive in terms of.

Question # 11

Which of the following is automatic stabilizer.

Question # 12

If there is a prices celling, which of the following is NOT likely to occur.

Question # 13

Suppose that the supply curve of lin is highly inelastic if the demand curve of lin decreases and increases cyclically along the supply curve of lin then in this market the size of the quantity fluctuations will be _____ the size of the price fluctuations.

Question # 14

If tastes are identical between countries than comparative advantage is determined by

Question # 15

In pure competition.

Question # 16

Which of the following strategies have developing countries not used to deal with the problem of unstable expert markets.

Question # 17

Which of the following products will have an elastic demand.

Question # 18

Personal inocme is obtained by adding which items to national income

Question # 19

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.

Question # 20

Capitalism refers to

Submit

Prepare Complete Set Wise PPSC Economics Topic 10 Public Finance MCQs Online With Answers


Topic Test

00:00
Submit
 
Economics
10th Chapter

PPSC Economics Chapter 10 Test

Here you can prepare PPSC Economics Chapter 10 (Most Frequently Asked Economics MCQS) Test. Click the button for 100% free full practice test.

Start Chapter 10 Test

Top Scorers Of PPSC Economics Topic 10 Public Finance MCQ`s Test

  • Q
    queen princes 11 - Apr - 2022 05 Min 07 Sec 16/20
  • A
    Abdul subhan 04 - Jul - 2021 06 Min 12 Sec 16/20
  • T
    Tayyeba 26 - Jun - 2021 10 Min 08 Sec 15/20
  • H
    huma 30 - Jun - 2021 06 Min 42 Sec 14/20
  • R
    romana 12 - Dec - 2020 15 Min 34 Sec 14/20
  • J
    Jobs oriented Test PREPARATION MCQS 16 - Nov - 2022 05 Min 48 Sec 12/20
  • A
    abuzar 04 - Aug - 2023 06 Min 13 Sec 12/20
  • S
    Shad Ali Shah 31 - Jul - 2024 09 Min 25 Sec 12/20
  • M
    Murtaza Gillani 13 - Jul - 2024 08 Min 27 Sec 11/20
  • A
    A ANAND RAJ 07 - Feb - 2022 13 Min 46 Sec 11/20
  • A
    Atrab Un Nisa 15 - Mar - 2022 06 Min 09 Sec 10/20
  • U
    Unknown 15 - Jul - 2023 08 Min 00 Sec 10/20
  • M
    Marukh Syed 21 - Apr - 2024 09 Min 16 Sec 10/20
  • Z
    zaib 27 - Dec - 2021 10 Min 12 Sec 10/20
  • A
    Aiza 26 - Jun - 2021 05 Min 28 Sec 9/20

PPSC Economics Chapter 10 Important MCQ's

Sr.# Question Answer
1 All economic model ae based on
A. Realistic assumptions
B. Assumptions which can never be perfectly realistic
C. Unrealistic assumptions
D. None of the above
2 There is positive relationship between multiplier and.
A. Marginal propensity to consume
B. Marginal propensity to save
C. Marginal efficiency of capital
D. all of these
3 The% change in quantity demanded due to % change in incomes.
A. Price elasticity
B. Prices cross elasticity
C.
Income elasticity
D. All of these
4 An economy that has achieved full production has achieved
A. Both allocative and productive efficiency
B. Allocative but not productive efficiency
C. Productive but not allocative efficiency
D. Neither allocative nor productive efficiency
5 If the coefficient of income elasticity is negative.
A. Inferior good
B. Normal good
C. Luxury good
D. All of these
6 A depreciation of the dollar will have its most pronounced impact on imports if the demand for. Imports is.
A. Constant
B. Inelastic
C. Elastic
D. Unitary elastic
7 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
8 The theory of ___________ suggests that government can assist domestic competitors.
A. International dumping
B. Countervailing duties
C. Strategic trade policy
D. Export promotion policy
9 _________ are quotas that lead to a complete abolishment of trade.
A. Embargoes
B. Voluntary export restraints
C. Nontariff beamers
D. Orderly marketing agreements
10 The overall Budget Deficit is financed from
A. External borrowing
B. Non bank borrowing domestically
C. Bank borrowing plus the above two at a and b
D. None of the above

Test Questions

Share your comments & questions here

Guest

  • No comments yet. Be the first to comment!