PPSC Economics Topic 2 Micro Economics

Today attempting the PPSC test is not as much challenge as the candidates think. The reason behind it is that today we find a number of sources and helping content to cover the examination preparation of PPSC. Ilmkidunya is known as one of the major sources of education where students can find potential solutions at every single level of education. Here we come with the PPSC test preparation. Students are provided the Topic wise PPSC online tests. These tests are comprised of the questions that are important for the Economics PPSC test. Here at this page, the team of Ilmkidunya offers the PPSC online test of Economics subject Topic 2. Once after clicking the start test button, you will be directed towards the test and you will find 20 minutes to cover the test.

Top Scorers Of PPSC Economics Topic 2 Micro Economics MCQ`s Test

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Amjad Ali 07 - Jun - 2023 14 Min 16 Sec 15/20
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Atiq Ur Rahman 16 - Jun - 2023 12 Min 02 Sec 14/20
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zaheer hussain 16 - Jan - 2024 16 Min 56 Sec 14/20
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Mishal Maryam 08 - Oct - 2023 04 Min 07 Sec 13/20
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BAKHT ZAMIN 21 - Jun - 2023 09 Min 05 Sec 13/20
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Muhammad Sajjad 20 - Jan - 2025 13 Min 13 Sec 13/20
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Hassam Shahid 30 - Jun - 2024 05 Min 57 Sec 12/20
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Sulsabeel Akhtar 07 - Jun - 2024 06 Min 32 Sec 12/20
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Murtaza Gillani 12 - Jul - 2024 07 Min 19 Sec 12/20
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Tahir Nawaz 10 - Jan - 2024 07 Min 43 Sec 11/20
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Hashim Saleem 26 - May - 2024 10 Min 05 Sec 11/20
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mehmad khalid 02 - Jun - 2024 16 Min 01 Sec 11/20
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Ejaz Ahmad 12 - Jan - 2024 11 Min 05 Sec 10/20
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Shad Ali Shah 27 - Jul - 2024 12 Min 36 Sec 10/20
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Hamadullah Jan 13 - Jun - 2023 02 Min 19 Sec 9/20

PPSC Economics Chapter 2 Important MCQ's

Sr.#	Question	Answer
1	In order to constitute an oligopolistic market structure.	A. There must be a few firms in a given relevant market B. There must be a few firms selling in a national market C. There must be more than 20 firms selling in the international market D. There must be fewer than 15 firm is any given market
2	Which of the following does not apply to pareto efficiency.	A. Consumptive efficiency B. Productional efficiency C. Allocative efficiency D. Equity
3	Which of the following is correct with respect to the Paasche index.	A. The consumer Price index is an example of the Paasche index. B. The Paasche index is biased upward C. The Passche index always exceeds 1 D. The Paasche index uses given period quantities
4	The supply curve of a perfectly competitive firm	A. Includes the upward sloping portion of the marginal cost B. Is equal to entire margin cost C. Includes the downward sloping portion of marginal cost D. None of these
5	A negatively sloped isoquant implies	A. Products with negative marginal utilities B. Products with positive marginal utilities C. Inputs with negative marginal products D. Inputs with positive marginal products
6	The largest source of tax revenue for the federal government is	A. The prerenal income tax B. The social security tax C. the property tax D. The sales tax
7	Elasticity of demand of luxurious goods is always more elastic	A. More elastic B. Less elastic C. Equal elastic D. None elastic
8	If there is no price surprise, total output is.	A. 50 B. 150 C. 400 D. 200
9	According to Keynes, when the great depression started the government should be.	A. Done nothing B. Decreased the money supply C. Had a large increase in government spending. D. Enacted high tariffs such as the smoot Hawley tariff
10	The arc elasticity formula is used to estimate elasticity when	A. The product is thought to be inelastic B. The product is thought to be elastic C. The demand function is known D. There are two observations of price and quantity

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PPSC Economics Topic 2 MCQS Test Preparation

MCQ's Test For PPSC Economics Topic 2 Micro Economics