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

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

poverty is owned by individual

how governments officials are selected

what incentives are used to motivate economic behavior

at what level economic decisions are made

2 / 25

Economic planning in Pakistan is conducted by:

planning authority

planning commission

planning board

planning council

3 / 25

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

had nothing to do with the decline of socialism

was subject to sever cycles

was stagnant after 1965

accelerated in 1980s

4 / 25

Economic planning does not need:

fixation of plan period

change of government

determination of objection

estimation of resources

5 / 25

Investment rate in Pakistan is around:

18%

28%

38%

6 / 25

Pakistan produces of its oil requirements:

40%

50%

30%

20%

7 / 25

Economic planning in Pakistan started during:

1960's

1970's

1950's

1980's

8 / 25

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

potential for quality to suffer

productivity will increase

profit will be large

consumers will get what they want

9 / 25

Microeconomics is also known as:

price theory

positive economics

none of them

normative economics

10 / 25

Under the Soviet system supply-demand balance was:

maintained effectively

unsatisfactorily attempted by planners

not a major consideration of planners

left to market price movements

11 / 25

When a country develops:

specialization increase

urbanization rises

per capita income rises

all of them

12 / 25

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

2700 billion

3700 billion

1700 billion

700 billion

13 / 25

General equilibrium is concerned with simultaneous equilibrium of all the:

economic theory

economic agents

economic decision

none of them

14 / 25

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

natural resources

labor resources

scarce information

plants and factories

15 / 25

A consumer wishes to utility his:

none of them

maximize

neutralize

minimize

16 / 25

In a socialist economy the invisible hand:

operates effectively in labor market

is prevented from operating effectively

guides most decisions

gives misleading signals

17 / 25

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

variable cost

average cost

marginal cost

total cost

18 / 25

When resources are allocated by government planning:

both a and c

economy is more efficient

decision making is decentralized

capitalism is usually the result

19 / 25

Soviet managers:

were left little to do under central planning

All of the above

pursued economically efficient choices

had incentives to reduce product quality

20 / 25

Market allocation fundamentally relies upon:

a system of relative prices

moral incentives

a belief that employees work for good of society

government interference

21 / 25

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

state-run banks to print own money

reliance on moral incentives

to allow Japan to operate major industries

shift from public to private production

22 / 25

Rate of economic development in Pakistan will increase if:

import increases

saving rate increases

all of them

money supply increases

23 / 25

Medium-term plan covers:

10 to 15 years

less than 2 years

3 to 5 years

5 to 10 years

24 / 25

In Pakistan poverty is measured by:

per capita income, calorie intake

difference between GNP and GDP

percentage of rural population

difference of income in rural and urban areas

25 / 25

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

high birth rate and low GDP

low birth rate and high GDP

low infant mortality rate and high GDP

low death rate and high GDP

Your score is

The average score is 0%

PPSC FPSC Lecturer Economics Online Test 39 Solved MCQs

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