PPSC FPSC Lecturer Economics Online Test 40 Solved MCQs

Lecturer Economics MCQs / , , , , , , , , ,

Given below on this Website Online Free Taleem is free online MCQ’s test related to PPSC of Lecturer Economics. All the individuals who are going to appear in PPSC Lecturer of Economics written test can attempt these tests in order to prepare for it in best possible way. Our tests include all the important questions MCQs of Lecturer of PPSC Economics, all Past Papers of Lecturer of Economics PPSC  that have extremely high amount of chances for been included in the actual exam which make our test undoubtedly the best source of preparation.

Note:-

There will be 25 multiple choice question in the test.
Answer of the questions will change randomly each time you start this test.
Practice this test at least 5 times if you want to secure High Marks.
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Test Instructions:-
Test Name Lecturer Economics 
Subject Economics Test 40
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100
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You have 20 minutes to pass to the quiz.

PPSC LECTURER OF ECONOMICS ONLINE PRACTICE TEST NO. 40

1 / 25

Economic incentives are important:

2 / 25

Which is not a major aspect of transition of socialist to market economies?

3 / 25

The price of any commodity under market mechanism is determined by forces of:

4 / 25

According to Saint Thomas Acquinis value is determined by God, but prices by:

5 / 25

According to Karl Marx, people should be rewarded so:

6 / 25

Traditionally, there was no difference between price and:

7 / 25

In an administrative-command economy:

8 / 25

Law of variable proportions concerned with:

9 / 25

The production possibility curve is concerned with:

10 / 25

The water diamond paradox was firstly resolved with the help of:

11 / 25

According to World bank, first priority should be given to:

12 / 25

Diamond has higher marginal valuation for consumer and higher marginal costs for producers, so its price is:

13 / 25

Karl Marx had faith in:

14 / 25

The study of economics for the sake of certain objective is called ............... economics:

15 / 25

Economic theory deals with:

16 / 25

The concept of property rights in an economic system has to do with the:

17 / 25

The economic system used in former U.S.S.R is best described as:

18 / 25

Consumers play a central role in allocating resources:

19 / 25

Former socialist economies that are moving to free market capitalism have experienced:

20 / 25

The study of economics just in theoretical way is called .......................... economics:

21 / 25

The 'soft budget constraint' of Soviet enterprises was:

22 / 25

In China during the early 1990s:

23 / 25

Government planners play a central role in allocating resources:

24 / 25

The book 'wealth of nations' was written by:

25 / 25

Consumers in the former Soviet Union:

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