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

Pakistan produces of its oil requirements:

20%

40%

50%

30%

2 / 25

Economic planning in Pakistan is conducted by:

planning council

planning commission

planning authority

planning board

3 / 25

Investment rate in Pakistan is around:

38%

18%

28%

4 / 25

Microeconomics is also known as:

price theory

none of them

positive economics

normative economics

5 / 25

Soviet managers:

All of the above

pursued economically efficient choices

were left little to do under central planning

had incentives to reduce product quality

6 / 25

Economic planning does not need:

estimation of resources

fixation of plan period

change of government

determination of objection

7 / 25

When a country develops:

specialization increase

all of them

per capita income rises

urbanization rises

8 / 25

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

productivity will increase

consumers will get what they want

profit will be large

potential for quality to suffer

9 / 25

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

reliance on moral incentives

to allow Japan to operate major industries

state-run banks to print own money

shift from public to private production

10 / 25

In Pakistan poverty is measured by:

per capita income, calorie intake

difference between GNP and GDP

difference of income in rural and urban areas

percentage of rural population

11 / 25

Economic planning in Pakistan started during:

1980's

1960's

1950's

1970's

12 / 25

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

labor resources

scarce information

natural resources

plants and factories

13 / 25

Rate of economic development in Pakistan will increase if:

saving rate increases

money supply increases

import increases

all of them

14 / 25

Medium-term plan covers:

10 to 15 years

5 to 10 years

less than 2 years

3 to 5 years

15 / 25

General equilibrium is concerned with simultaneous equilibrium of all the:

economic decision

none of them

economic theory

economic agents

16 / 25

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

had nothing to do with the decline of socialism

accelerated in 1980s

was stagnant after 1965

was subject to sever cycles

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

A consumer wishes to utility his:

neutralize

minimize

none of them

maximize

19 / 25

When resources are allocated by government planning:

decision making is decentralized

both a and c

capitalism is usually the result

economy is more efficient

20 / 25

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

what incentives are used to motivate economic behavior

at what level economic decisions are made

poverty is owned by individual

how governments officials are selected

21 / 25

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

700 billion

3700 billion

2700 billion

1700 billion

22 / 25

In a socialist economy the invisible hand:

guides most decisions

gives misleading signals

is prevented from operating effectively

operates effectively in labor market

23 / 25

Market allocation fundamentally relies upon:

a system of relative prices

a belief that employees work for good of society

government interference

moral incentives

24 / 25

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

low infant mortality rate and high GDP

low death rate and high GDP

low birth rate and high GDP

high birth rate and low GDP

25 / 25

Under the Soviet system supply-demand balance was:

unsatisfactorily attempted by planners

not a major consideration of planners

left to market price movements

maintained effectively

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PPSC FPSC Lecturer Economics Online Test 39 Solved MCQs

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