PPSC Lecturer Economics Important MCQs online Test No. 50

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.


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.

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Test Instructions:-
Test Name Lecturer Economics 
Subject Economics Test 50
Test Type MCQs
Total Questions 25
Total Time 20 Minutes
Total Marks 100

You have 20 minutes to pass to the quiz.

Lecturer Economics Online Test No. 50

1 / 25

Demand and supply forces determine market price.

2 / 25

Economic development of a country requires.

3 / 25

Demand and supply curves cross at.

4 / 25

Ten rupees is the equilibrium price for good Z. If govt. fixes price at Rs.5, there is:

5 / 25

Price of a product is determined in a free market.

6 / 25

Market equilibrium means.

7 / 25

The three broad types of productive resources are:

8 / 25


9 / 25

In market equilibrium, supply is vertical line. The downward sloping demand curve shifts to the right. Then:

10 / 25

If equilibrium price rises but equilibrium quantity remains unchanged, the cause is.

11 / 25

An increases in the price of mutton provides information which.

12 / 25

When price is below equilibrium level, there will be.

13 / 25

If a fir makes 200 units of a good available at a price of Rs. 10 per unit, the elasticity is.

14 / 25

Long period supply curve is.

15 / 25

When demand is perfectly elastic, an increase in supply will result in.

16 / 25

Which of the following shifts supply curve of cars to the right.

17 / 25

When supply of a commodity increases without change in price it is called.

18 / 25

If elasticity of supply is one, supply curve will be:

19 / 25

Supply of a commodity means.

20 / 25

Land means:

21 / 25


22 / 25

Labour is hirable but you cannot hire.

23 / 25

Markets where firms supply goods and services demanded by households are:

24 / 25

Productivity of land can be raised by.

25 / 25

A decrease I demand causes the equilibrium price to.

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