PPSC FPSC Lecturer Economics Online Test 39 Solved MCQs

Leave a Comment / By Hassan / July 2, 2021

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.
At the End of the Test you can see your Test score and Rating.
If you found any incorrect answer in Quiz. Simply click on the quiz title and comment below on that MCQ. So that I can update the incorrect answer on time.

Please Click Below START Button to Take this Lecturer Economics Test Online.

Test Instructions:-
Test Name	Lecturer Economics
Subject	Economics Test 39
Test Type	MCQs
Total Questions	25
Total Time	20 Minutes
Total Marks	100

You have 20 minutes to pass to the quiz.

PPSC LECTURER OF ECONOMICS ONLINE PRACTICE TEST NO. 39

1 / 25

If business managers are rewarded on the basis of how much output they create:

profit will be large

consumers will get what they want

potential for quality to suffer

productivity will increase

2 / 25

Size of Pakistan's 8th plan was in rupees:

2700 billion

1700 billion

3700 billion

700 billion

3 / 25

Investment rate in Pakistan is around:

18%

38%

28%

4 / 25

In Pakistan poverty is measured by:

difference of income in rural and urban areas

percentage of rural population

difference between GNP and GDP

per capita income, calorie intake

5 / 25

In a socialist economy the invisible hand:

operates effectively in labor market

gives misleading signals

is prevented from operating effectively

guides most decisions

6 / 25

Market allocation fundamentally relies upon:

moral incentives

a belief that employees work for good of society

government interference

a system of relative prices

7 / 25

Microeconomics is also known as:

none of them

normative economics

price theory

positive economics

8 / 25

Select the combination which is most likely to be found in developing countries:

low infant mortality rate and high GDP

high birth rate and low GDP

low death rate and high GDP

low birth rate and high GDP

9 / 25

General equilibrium is concerned with simultaneous equilibrium of all the:

economic agents

economic theory

none of them

economic decision

10 / 25

Which is not part of institutional arguments that characterize an economic system?

what incentives are used to motivate economic behavior

how governments officials are selected

at what level economic decisions are made

poverty is owned by individual

11 / 25

As nearly as we cab estimate it, Soviet productivity growth:

was subject to sever cycles

had nothing to do with the decline of socialism

was stagnant after 1965

accelerated in 1980s

12 / 25

When resources are allocated by government planning:

capitalism is usually the result

both a and c

economy is more efficient

decision making is decentralized

13 / 25

Economic planning does not need:

change of government

determination of objection

fixation of plan period

estimation of resources

14 / 25

Economic planning in Pakistan is conducted by:

planning authority

planning council

planning board

planning commission

15 / 25

In Ricardo theory of value the stress has been made on additional or:

marginal cost

variable cost

average cost

total cost

16 / 25

Pakistan produces of its oil requirements:

50%

30%

40%

20%

17 / 25

A consumer wishes to utility his:

none of them

neutralize

minimize

maximize

18 / 25

Rate of economic development in Pakistan will increase if:

import increases

money supply increases

all of them

saving rate increases

19 / 25

Medium-term plan covers:

less than 2 years

10 to 15 years

5 to 10 years

3 to 5 years

20 / 25

Under the Soviet system supply-demand balance was:

left to market price movements

maintained effectively

not a major consideration of planners

unsatisfactorily attempted by planners

21 / 25

There is an early belief that Socialist economy would fail because they underutilized:

scarce information

plants and factories

labor resources

natural resources

22 / 25

When a country develops:

specialization increase

urbanization rises

per capita income rises

all of them

23 / 25

An apparently irreversible trend in China in the 1990s is:

state-run banks to print own money

reliance on moral incentives

shift from public to private production

to allow Japan to operate major industries

24 / 25

Economic planning in Pakistan started during:

1980's

1960's

1950's

1970's

25 / 25

Soviet managers:

were left little to do under central planning

had incentives to reduce product quality

All of the above

pursued economically efficient choices

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PPSC FPSC Lecturer Economics Online Test 39 Solved MCQs

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