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:

consumers will get what they want

productivity will increase

profit will be large

potential for quality to suffer

2 / 25

Rate of economic development in Pakistan will increase if:

import increases

all of them

saving rate increases

money supply increases

3 / 25

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

was stagnant after 1965

had nothing to do with the decline of socialism

accelerated in 1980s

was subject to sever cycles

4 / 25

A consumer wishes to utility his:

maximize

none of them

minimize

neutralize

5 / 25

Under the Soviet system supply-demand balance was:

not a major consideration of planners

unsatisfactorily attempted by planners

maintained effectively

left to market price movements

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:

per capita income rises

specialization increase

all of them

urbanization rises

8 / 25

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

high birth rate and low GDP

low infant mortality rate and high GDP

low birth rate and high GDP

low death rate and high GDP

9 / 25

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

total cost

marginal cost

variable cost

average cost

10 / 25

Market allocation fundamentally relies upon:

a system of relative prices

a belief that employees work for good of society

government interference

moral incentives

11 / 25

In Pakistan poverty is measured by:

percentage of rural population

per capita income, calorie intake

difference of income in rural and urban areas

difference between GNP and GDP

12 / 25

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

scarce information

plants and factories

natural resources

labor resources

13 / 25

Medium-term plan covers:

3 to 5 years

less than 2 years

5 to 10 years

10 to 15 years

14 / 25

In a socialist economy the invisible hand:

is prevented from operating effectively

guides most decisions

operates effectively in labor market

gives misleading signals

15 / 25

Economic planning in Pakistan started during:

1980's

1970's

1960's

1950's

16 / 25

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

poverty is owned by individual

what incentives are used to motivate economic behavior

at what level economic decisions are made

how governments officials are selected

17 / 25

Pakistan produces of its oil requirements:

50%

20%

30%

40%

18 / 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

19 / 25

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

state-run banks to print own money

to allow Japan to operate major industries

reliance on moral incentives

shift from public to private production

20 / 25

General equilibrium is concerned with simultaneous equilibrium of all the:

economic decision

economic theory

economic agents

none of them

21 / 25

Investment rate in Pakistan is around:

18%

38%

28%

22 / 25

Microeconomics is also known as:

price theory

positive economics

none of them

normative economics

23 / 25

Soviet managers:

All of the above

were left little to do under central planning

pursued economically efficient choices

had incentives to reduce product quality

24 / 25

Economic planning in Pakistan is conducted by:

planning council

planning commission

planning authority

planning board

25 / 25

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

2700 billion

1700 billion

3700 billion

700 billion

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PPSC FPSC Lecturer Economics Online Test 39 Solved MCQs

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