PPSC Lecturer Economics Test 4 Online Preparation MCQs

7 Comments / By Hassan / September 5, 2020

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 4
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 Practice Test 4

1 / 25

According to Keynes, demand for money is affected by:

Literacy rate

Rate of interest

Income

A and B of above

2 / 25

Which people of most likely to again during inflation?

Those who are repaying borrowed money

Those living on pension

Those living on there saving

3 / 25

If there is a price ceiling, which of the following is NOT likely to occur?

black markets

gray markets

rationing by first-come, first-served

sellers providing goods for free that were formerly not free

4 / 25

The agricultural price support program is an example of:

a price floor

equilibrium pricing

a price ceiling

5 / 25

The goal of a pure market economy is to best meet the desires of:

consumers

workers

the government

companies

6 / 25

Central bank’s rate of lending to commercial banks is called:

control rate

money rate

discount rate

Interest rate

7 / 25

When a central bank wants to increase money supply in circulation it called?

Purchase govt. securities

Directs banks to advance more loans

Lowers bank rate

A and B

8 / 25

Why is the law of diminishing marginal returns true?

all factors being variable in the long-run

limited capital

spreading the average fixed cost

specialization and division of labor

9 / 25

If there is a price ceiling, there will be:

equilibrium

surpluses

shortages

10 / 25

Which is the most widely used tool of monetary policy?

discount rate

Clearing house

open market operations

issuing of notes

11 / 25

When banks prepare their balance sheets, they show the money lent in:

Assets

Liability

Both assets and liabilities

None

12 / 25

The law of diminishing (marginal) returns states that as more of a variable factor is added to a certain amount of a fixed factor, beyond some point:

The average physical product falls

The marginal physical product rises

The marginal physical product falls

Total physical product begins to fall

13 / 25

When a commercial bank creates credit, its immediate effect is that it raises:

The real national income

The money supply

The insert rate

The exchanges rate

14 / 25

10-rupee note is issued by:

State Bank

Governor state Bank

National Bank

Govt of Pakistan

15 / 25

In the case of agriculture:

the demand has shifted to the right less than the supply has shifted to the right

the demand has shifted to the right more than the supply has shifted to the right

the demand has shifted to the left less than the supply has shifted to the left

the demand has shifted to the left more than the supply has shifted to the left

16 / 25

The power of a bank to create credit is affected by:

The amount of cash available

The number of branches of a bank

The cash reserve requirements

A and B of above

17 / 25

When the nation’s money supply is Rs. 1200 billion and GDP is Rs. 4800 billion, velocity of money is:

0.4

4 billion rupees

0.25

18 / 25

State Bank of Pakistan was established in:

1948

1952

1950

1954

19 / 25

If there is a price floor, there will be:

shortages

surpluses

equilibrium

20 / 25

A bank has Rs. 5 million in cash. The minimum reserve ratio is 20 %. What is maximum potential increases in total deposits?

25m

10m

21 / 25

when the state bank wants to decrease money supply in the country, it:

lowers discount rate

B and C of above

buys govt securities in stock market

sells govt. securities

22 / 25

If quantity of money increases 100 % other things remaining constant, value of changes by:

Decreases by 100 %

Decreases by 200 %

Increases by 100 %

Dose not changes

23 / 25

In a market system, sellers act in..........................interest , but this leads to behaviors in.................. interest:

self; self

society’s; self

society’s; society’s

self; society’s

24 / 25

Every country establishes central bank to:

Give loans to businessmen

Issue notes

Supervise commercial banks

A and B

25 / 25

If quantity of money is doubled, than according to Quantity Theory, value of money is:

None of the above

Remains constant

Double

Half

Your score is

The average score is 35%

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7 thoughts on “PPSC Lecturer Economics Test 4 Online Preparation MCQs”

kainat
October 19, 2020 at 7:44 pm

when comercial bank create credit its immediate effect is increase in MS.

Reply
1. gillani786
  October 19, 2020 at 8:02 pm
  
  Kindly kise question main issue ho to complete question type kar dia karen with correct answer. ya screenshot shop ly kar whatsapp kar dia karen. Whatsapp 03003965106
  
  Reply
Ghufran Ali
September 23, 2020 at 10:28 am

Question No 21 is right answer is rate of interest just

Reply
1. gillani786
  September 23, 2020 at 11:21 am
  
  Kindly question complete type kar den is traha ni milta. thanks
  
  Reply
  1. Ghufran Ali
    September 23, 2020 at 4:40 pm
    
    according to keynis demand for money is affect on
    interest rate
    
    Reply
    1. gillani786
      September 23, 2020 at 8:33 pm
      
      Thanks correction done
      
      Reply
    2. Inam
      August 10, 2021 at 6:56 pm
      
      This not interest rate. It is income. Interest rate is according to monetarist view
      
      Reply

PPSC Lecturer Economics Test 4 Online Preparation MCQs

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