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

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

3700 billion

2700 billion

700 billion

1700 billion

2 / 25

Rate of economic development in Pakistan will increase if:

money supply increases

saving rate increases

import increases

all of them

3 / 25

General equilibrium is concerned with simultaneous equilibrium of all the:

none of them

economic theory

economic decision

economic agents

4 / 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

5 / 25

Medium-term plan covers:

3 to 5 years

10 to 15 years

5 to 10 years

less than 2 years

6 / 25

Economic planning in Pakistan is conducted by:

planning commission

planning authority

planning board

planning council

7 / 25

Investment rate in Pakistan is around:

18%

38%

28%

8 / 25

In Pakistan poverty is measured by:

percentage of rural population

difference of income in rural and urban areas

per capita income, calorie intake

difference between GNP and GDP

9 / 25

Under the Soviet system supply-demand balance was:

maintained effectively

left to market price movements

not a major consideration of planners

unsatisfactorily attempted by planners

10 / 25

Market allocation fundamentally relies upon:

government interference

moral incentives

a belief that employees work for good of society

a system of relative prices

11 / 25

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

plants and factories

scarce information

labor resources

natural resources

12 / 25

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

variable cost

total cost

marginal cost

average cost

13 / 25

Microeconomics is also known as:

none of them

positive economics

price theory

normative economics

14 / 25

Economic planning does not need:

change of government

fixation of plan period

determination of objection

estimation of resources

15 / 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

16 / 25

A consumer wishes to utility his:

none of them

maximize

neutralize

minimize

17 / 25

Soviet managers:

All of the above

had incentives to reduce product quality

pursued economically efficient choices

were left little to do under central planning

18 / 25

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

low birth rate and high GDP

high birth rate and low GDP

low infant mortality rate and high GDP

low death rate and high GDP

19 / 25

When a country develops:

urbanization rises

per capita income rises

all of them

specialization increase

20 / 25

Pakistan produces of its oil requirements:

30%

20%

50%

40%

21 / 25

When resources are allocated by government planning:

capitalism is usually the result

economy is more efficient

both a and c

decision making is decentralized

22 / 25

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

consumers will get what they want

potential for quality to suffer

productivity will increase

profit will be large

23 / 25

In a socialist economy the invisible hand:

gives misleading signals

is prevented from operating effectively

operates effectively in labor market

guides most decisions

24 / 25

Economic planning in Pakistan started during:

1950's

1980's

1970's

1960's

25 / 25

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

was stagnant after 1965

was subject to sever cycles

had nothing to do with the decline of socialism

accelerated in 1980s

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PPSC FPSC Lecturer Economics Online Test 39 Solved MCQs

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