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

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

Remains constant

Double

Half

None of the above

2 / 25

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

discount rate

control rate

Interest rate

money rate

3 / 25

If there is a price floor, there will be:

equilibrium

surpluses

shortages

4 / 25

Which is the most widely used tool of monetary policy?

issuing of notes

discount rate

Clearing house

open market operations

5 / 25

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

Lowers bank rate

A and B

Directs banks to advance more loans

Purchase govt. securities

6 / 25

According to Keynes, demand for money is affected by:

Literacy rate

Income

Rate of interest

A and B of above

7 / 25

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

self; self

society’s; society’s

society’s; self

self; society’s

8 / 25

If there is a price ceiling, there will be:

shortages

surpluses

equilibrium

9 / 25

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

companies

workers

consumers

the government

10 / 25

Every country establishes central bank to:

A and B

Issue notes

Give loans to businessmen

Supervise commercial banks

11 / 25

10-rupee note is issued by:

State Bank

National Bank

Govt of Pakistan

Governor state Bank

12 / 25

The agricultural price support program is an example of:

a price ceiling

a price floor

equilibrium pricing

13 / 25

In the case of agriculture:

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

the demand has shifted to the right less 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

14 / 25

Why is the law of diminishing marginal returns true?

all factors being variable in the long-run

limited capital

specialization and division of labor

spreading the average fixed cost

15 / 25

State Bank of Pakistan was established in:

1954

1948

1952

1950

16 / 25

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

Both assets and liabilities

Assets

None

Liability

17 / 25

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

The number of branches of a bank

A and B of above

The amount of cash available

The cash reserve requirements

18 / 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

19 / 25

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

lowers discount rate

B and C of above

sells govt. securities

buys govt securities in stock market

20 / 25

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

sellers providing goods for free that were formerly not free

gray markets

black markets

rationing by first-come, first-served

21 / 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 marginal physical product rises

The average physical product falls

Total physical product begins to fall

The marginal physical product falls

22 / 25

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

0.25

0.4

4 billion rupees

23 / 25

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

Decreases by 200 %

Dose not changes

Increases by 100 %

Decreases by 100 %

24 / 25

Which people of most likely to again during inflation?

Those living on there saving

Those living on pension

Those who are repaying borrowed money

25 / 25

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

The real national income

The exchanges rate

The money supply

The insert rate

Your score is

The average score is 45%

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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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