Sindh Public Service Commission Lecturer Economics Old papers, SPSC , FPSC, PPSC, KPSC, AJKPSC Solved MCQs in sindh

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Sindh Public Service Commission Lecturer Economics Old papers, SPSC , FPSC, PPSC, KPSC, AJKPSC Solved MCQs
SERIAL NQ 8193
Signature of Addl: Supervisor
SINDH PUBLIC SERVICE COMMISSION, HYDERABAD PRE-INTERVIEW WRITTEN TEST FOR 'ME POST OF LECTURER F.L.79. NOMICS BPS-17
ROLL NO NAME FATHER'S NAME CENTRE
FOR USE. OF CANDIDATE ONLY
SIGNATURE OF CANDIDATE L
Monday the 31st January, 2011 Time: 11:00 2M to 12:00 noon
Total marks: 100
QUESTION PAPER /ANSWER SHEET General instructions to the candidates. I. Candidates are to attempt all questions. 2 Write your Roll No:, Name, Father's Name & Centre on the answer Sheet within the space provided. 3. Do not write these data anywhere else on the answer sheet. Doing so will render the candidate disqualified. 4. Circle appropriate box in the Answer Sheet with Blue or Black Ball point pen only. Use of pencil is not allowed. 5. Each incorrect answer given will result in deduction of 1/2 (half) mark. 6. Sign your answer sheet in space provided. Return your question paper Answer sheet after attempting the question paper completely.
MOST IMPORTANT:- ANY CANDIDATE FOUND IN POSSESSION OF MOBILE PHONE OR ANY SIMILAR DEVICE IN THE EXAMINATION HALL WILL BE EXPELLED FROM THE EXAMINATION HALL. NO CANDIDATE IS ALLOWED TO CARRY THIS QUESTION PAPER/ANSWER SHEET OUT OF THE EXAMINATION HALL.
Question -=1:•=6•113 No: ANSWER M. An Isoquant is convex to the origin because of: (A) Law of diminishing returns (B) Diminishing marginal rate of substitution between factors (C) Law of increasing returns A C 02. When a country imposes an imponant tariff, the effect on its offer curve is: (A) Nil (B) To shift it away from the export-commodity axis (C) To shift it away from the import-commodity axis A C 03. One of the following is included in Personal Income. but excluded from National Income, which one is that? (Al Dividends (B) Wages (C) Interest on Public Debt A C 04. By "warranted rate of growth" is meant: (A) The rate of growth warranted by the resources at the disposal of the community (B) The rate of growth planned by the planning authority of the country (C) The rate of growth which would make planned investment equal to realized investment A B c 05 The assumption which makes the -Indifference Curve" convex to the origin (A t A diminishing Marginal Rate of substitution (B) Originality of utility (C) Cardinality of utilirs A B
FOR OFFICE USE ONLY
06. For the Cobb-Douglas Production Function: (A) The law of diminishing returns to scale holds (B) The law of constant returns to scale holds (C) The law of increasing returns to scale holds A A B B C C 07. In Keynesian theory equality between saving and investment is brought about by changes in the: (A) Level of income (B) Rate of Interest (C) Supply of money 08. During inflation, a recipient of dividend income will, normally, enjoy a real income which is (A) Less than before (B) More than before (C) Unaffected A B C 09. 10. Which one of the following tax systems will move in the direction of reduction of economic disparities? (A) Flat rate tax (13) Progressive tax (C) Regressive tax A B C "Backward Effect' of International Trade occurs: (A) Between two different countries only (13) Between two different areas of the same countries only (C) Both (a) and (b) A B C I I. "Poverty line" is determined by: (A) Per capita calories intake (B) Income of the family (C) Housing and clothing facilities A B C 12. Demand for money for transaction motive depends on current level of (A) Profit (13) Income (C) Rate of interest A B C 13. The direct exchange of goods and services for other goods and services is known as (A) Primitive trade (B) Barter (C) Non market trade A B C 14. The crucial determinant of the size of the market is (A) Productivity (B) Savings (C) Monetary expansion . A B C 15. For money to serve as an efficient medium of exchange, it must have all but which of the following characteristics: (A) General acceptability (B) Convertibility into precious metals (C) High value relative to its.weight (D) Divisibility A B C _J D
Signature of Add!: Supervisor
I- 16. 1.. The doctrine of comparative advantages says that there are gains from international trade: (A) Only if both comparative and absolute advantages are present in both countries (B) If opportunity costs are the same in the countries involved (C) Only if there are economies of scale available (D) If countries specialise in the production of goods in which they are relatively more efficient. 17. If the marginal social benefits of a good exceed its marginal social costs: (A) the government should subsidize its production (B) The Pareto-optimal quantity of the good exceeds the equilibrium quantity ' (C) An external diseconomy exists (D) Then its private benefits must also exceed its private costs A B C D 18. • The inclusion of both external costs and external benefits will cause a good's equilibrium price to be: (A) Higher than it otherwise would have been (B) Lower than it otherwise would have been (C) The same, and its equilibrium quantity will be larger (D) None of the above A B C ...._ D 19. 'the measure of change in buyer's demand as a result of price charges is called 20. : IMF / related drawing rights arc known as 21. , Basket of main currencies is 22 The Largest sector, attracting a big chunk of total foreign direct investment in Pakistan 157 (A) Trade. transport and Communication (B) Chemical and Pharmaceuticals (C) Oil and Gas and Power Sector (D) Electronics 23. Pakistan is pursuing: (A) Fixed exchange rate system (B) Flexible exchange rate system ! (C) Managed float through Bank (D) All of these A B C D 24. The largest indirect Tax revenue collection is through: I (A) Income tax (B) GST (C) Customs duty (D) Wealth tax (E) None of these -,- A BCDE 25. A demand curve shows the relationship between the quantity demanded for a commodity over a given time and. (A) The tastes of consumer (B) The money income of consumer _lc) The price of related commodities (D) The price of the commodity A 26. Which of the following would be the best measure of changes in the standard of living in an economy, expressed in a time series? (A) real GDP (B) Out put per labour hour of output (C) real GDP per capita (D) nominsl GDP per capita 27 For money to serve as an efficient medium of exchange. it must have all but which of the following characteristics? (A) general acceptability (B) convertibility into precious metals (C) high value relative to its weight (D) divisibility Money can be a standard of deferred payments only if the value of money itself: (A) Remains stable (fil) Increases (C) Decreases (D) None of these 28. 29. Personal income is obtained by adding which items to national income: (A) Government transfer payments (B) Business transfer payments (C) Both a and b (0) None of these 30. The impact and incidence of sales tax is: (A) On the consumer .(8) On the seller (C) On the producer (D) None of these 31. Economic growth: (A) Is synonymous with economic development? (B) Refers to qualitative change experienced by an economic system (C) When an economic system acquired greater productive capacity (D) Always result in increased real per capita output A
II- 32. When demand is elastic: (A) A fall in price is more than offset by an increase in quantity demanded, so that total revenue rises (B) The good is probably a necessity, so price has link effect on quantity demanded (C) A rise in price will increase total revenue, even though less is sold (D) buyers are not much influenced by prices of competing products A BC D 33. Old age pension payment is transfer payment T F A horizontal indifference curve represents some specific case. T T F F 34. 35. Protectionism in the international trade stands for semi-restricted trade. Sale of a new car by an automobile dealer will not affect National product. T F 36. 37. Reflex action in the body is controlled by (A) Sensory nerves (B) Motor nerves (C) Central nervous system (D) None of these A BC D Ultra filtering unit of kidney is known as (A) Nephron (B) Glomerulus (C) Tubule (D) Venacava A BC D 38. l 39. Allergy is caused due to: (A) Inflammation of upper respiratory tract (B) Antigen antibody reaction (C) Introduction of external material into body (D) None of these A A A A A BC BC BC BC B C D D D D 0 40. _ The largest cell in the human body is (A) Liver cell (B) Nerve cell (C) Muscle cell (D) Kidney cell 41. Most soluble in water is (A) Sugar (B) Camphor (C) Sulphur (0) Common salt 42. Permanent hardness of water can be removed by adding (A) Potassium (B) Washing soda (C) Chlorine (D) None of these 43. 'Battle of Mutah' was fought between (A) Muslims and Jews (B) Muslims and Romans (C) Muslims and Quraysh (D) Muslims and false prophets Hazrat Ibrahim's (AS) grave is found in: (AlSaudi Arabia (B) Iraq (C) Syria (0) Palestine A BC BC B C D D D 44 45 L46. The soap was made by first of all _ (A) Hazrat Ishaq (AS) (B) Hazrat Salih (AS) (C) Hazrat Loot (AS) (D) Hazrat Yaqoob (AS) A He is called as Najeebullah? (A) Hazrat Musa (AS) (B) Hazrat lssa (AS) (C) Hazrat Yahya (AS) (D) None of these A r47. Quit India Movement started after the failure of: (A) Cripps Mission (B) Simon Commission (C) Cabinet Mission (D) None of these A BC D The provision for separate electorate for Hindus and Muslims was made in: (A) Minto•Morley Reforms (B) Mountbatton Pian (C) Government of India Act (D) Montague Chelmsford Reforms A BC D 48. 49. In which year, the Siachen dispute originated between India and Pakistan? (A) 1984 (B) 1986 (C) 1988 (D) 1990 A BC D 50. Hamas is a militant Palestinian Organization which was founded in 1987. It won the elections in 2006. The Hamas kader who was elected the Prime Minister of Palestine Authority was: (A) Sheikh Ahmed Yasin (B) Mehmood Abbas (C) Khalid Meshal (0) Ismail Haniyah A B C
III- SERIAL NO: 8/93 Signature of Addl: Supers isor
IV- SINDH PUBLIC §ERVICE COMMISSION. HYDERABAD PRE•INTERVIEW WRITTEN TEST FOR THE POST OF LECTURER F.CON9211CS RPS-17
V- ROLL NO NAME FATHER'S NAME
VI- f OR USE OF CANDIDATE ONLY
VII- CENTRE SIGNATURE OF CANDIDATE
VIII- Hondas the 31st January, 2011 Time: 11:00 am to 12:00 noon
IX- Total marks: 100
X- QUESTION PAPER /ANSWER SHEET General instructions to the candidates, I. Candidates are to anempt all questions 2 Write your Roll No:, Name, Father's Name & Centre on the answer Sheet within the space provided 3. Do not write these data anywhere else on the answer sheet Doing so will render the candidate disqualified 4 Circle appropriate box in the Answer Sheet with Blue or Black Ball point pen only. Use of pencil is not allowed. 5. Each incorrect answer given will result in deduction of 1/2 (half) mark. 6. Sign your answer sheet in space provided. Return your question paper • Answer sheet after anempfing the question paper completely.
XI- MOST IMPORTANT:- ANY CANDIDATE FOUND IN POSSESSION OF MOBILE PHONE OR ANY SIMILAR DEVICE IN THE EXAMINATION HALL WILL BE EXPELLED FROM THE. EXAMINATION HALL. NO CANDIDATE IS ALLOWED TO CARRY THI§ QUESTION PAPER/ANSWER SHEET OLT OF THE EXAMINATION HALL
XII- uestion No:
XIII- (A) Law of diminishing returns (B) Diminishing marginal rate of substitution between factors fajei 01. An Isoquant is convex to the origin because of C Law of increasing returns 02. When a country imposes an important tariff, the effect on its offer curve is. (A) Nil (B) To shill it away from the export-commodity axis SC) To shift it away from the import-commodity axis 03. One of the following is included in Personal Income. but excluded horn National Income, which one is that? (Al Dividends (B) Wages (C) Interest nn Public Debt 04. ; By "warranted rate of growth" is meant (A) The rate of growth warranted by the resources at the disposal of the ' community (B) The rate of growth planned by the planning authority of the country (C) The rate of growth which would make planned investment equal to realized investment 05.: The assumption which makes the -Indillerence Curve" convex to the origin is: (Al A diminishing Marginal Rate of substitution (B) Originality of utility les Cardinaline of will.

FOR OFFICE USE ONLY

06. For the Douglas Production Functi-1ion---- (A) The law of diminishing returns to soak holds (8) The law of constant returns to scale holds (C) The law of increasing returns to scale holds A B 1 C 07. In Keynesian theory equality between saving and investment is brought about by changes in the: (A) Level of income (B)Rate of Interest (C) Supply of money – - A A B B C C OIL 1 During inflation, a recipient of dividend income will, normally, enjoy a real Income which is (A) Less than before (B) More than before (C) Unaffected 09. Which one of the following tax systems will move In the direction of reduction of economic disparities? (A) Flat rate tax (B) Progressive tax (C) Regressive tax A B C "Backward Effect" of International Trade occurs: (A) Between two different countries only (B) Between two different areas of the same countries only (C) Both (a) and (b) A B C 10. I I I. "Poverty line" is determined by; (A) Per capita calories intake (B) Income of the family (C) Housing and clothing facilities A B C 12. Demand for money for transaction motive depends on current level of: (A) Profit (B) Income (C) Rate of interest A A B B c C 13. The direct exchange of goods and services for other goods and services is known as (A) Primitive trade (B) Barter (C) Non market trade 14. The crucial determinant of the size of the market is (A) Productivity (B) Savings (C) Monetary expansion A B C IS. For money to serve as an efficient medium of exchange. it must have all but which of the following characteristics: (A) General acceptability (B) Convertibility into precious metals (C) High value relative to its weight (D) Divisibility — __ A B C I) .
Sign ate re of Addl: Supervisor
I 16. The doctrine of comparative advantages says that there are gains from international trade: (A) Only if both comparative and absolute advantages are present in both countries (B) if opportunity costs are the same in the countries involved (C) Only if there are economies of scale available (D) If countries specialize in the production of goods in which they are relatively more efficient. A BCD 17. ' If the marginal social benefits of a good exceed its marginal social costs: (A) The government should subsidize its production (B) The Pareto-optimal quantity of the good exceeds the equilibrium quantity (C) An external diseconomy exists (0) Then its private benefits must also exceed its private costs A B C 0 III The inclusion of both external costs and external benefits will cause a good's equilibrium price to be: (A) Higher than it otherwise would have been (B) Lower than it otherwise IA would have been (C) The same, and its equilibrium quantity will be larger 4212 4one of the above B C D _I 19. ! Tbe measure of change in buyer's demand as a result of price charges is called i 20. i IMF I related drawing rights are known as t 21. . Basket of main currencies is 22. The Largest sector, attracting a big chunk of total foreign direct investment in Pakistan is: t A) Trade. transport and Communication (8) Chemical and Pharmaceuticals i (C) Oil and Gas and Power Sector (13) Electronies A BCD 23. : Pakistan is pursuing: I (A) Fixed exchange rate system (B) Flexible exchange rate system ; . r (C) Managed float through Bank (D) All of these A BCD 24. 1 The largest indirect Tax revenue collection is through: I (A) Income tax ()GST (C) Customs duty (0) Wealth tax (F.) None of these ABCD A , 13 BCD C 0 25. • ; ! A demand curve shows the relationship between the quantity demanded for a • commodity over a given time and. (A) The tastes of consumer (13) 1 he money income of consumer IC) The price of related commodities (ID) The price of the commodity_ i 26 I Which of the following would be the best measure of changes in the standard of living in an economy. expressed in a time series? (A) real GDP (B)Out pus per labour hour of output (C) real GDP per capita (D) nominal GDP per capita 27. 1 • For money to serve es an efficient medium of exchange. it must have all but which of the following characteristics? (A) general acceptability (B) convertibility into precious metals (C) high value relative to its weight (D) divisibility Money can be a standard of deferred peymonts only if the value of money itself: (A) Remains stable (0) Increases (C)13ecreases (0) None of these A A A BCD BCD B C I) 23. l 29. ' Personal income is obtained by adding which items to national income: (A) Government transfer payments (B) Business transfer payments IC) Both a and b (D) None of these 30. The impact and incidence of sales tax is: (A) On the consumer(B) On the seller (C) On do producer (D) None of these A A BCD BCD i 31. Economic growth: (A) Is synonymous with economic development/ (0) Refers to qualitative change experienced by an economic system (C) When an economic system acquired greater productive capacity (0) Always result in increased real per capita output
32.
33 34. 35. 36.
When demand is elastic: (A) A fall in price is more than offset by an increase in quantity demanded, so that total revenue rises (B) The good is probably a necessity, so price has little effect on quantity demanded (C) A rise in price will increase total revenue. even though less is sold (0) buyers are not much influenced by prices of competing products Old age pension payment is transfer payment A horizontal indifference curve represents some specific case Protectionism in the international trade stands for semi-restricted trade. Sale of a new car by an automobik dealer will not affect National product.
A
B
C

F
F
Reflex action in the body is cootrolled by (A) Sensory nerves (B) Motor nerves (C) Central nervous system (D) None of these Ultra filtering unit of kidney is known as (A) Nepluon (B) Glomerulus (C) Tubule (D) Vetsacava Allergy is caused due to: (A) Inflammation of upper respiratory tract (B) Antigen-antibody reaction (C) Introduction of external material into body (DI None of these The largest cell in the human body is (A) Liver cell (B) Nerve cell (C) Muscle cell (D) Kidney cell Most soluble in water is (A) Sugar (B) Camphor (C) Sulphur (D) Common salt Permanent hardness of water can be removed by adding (A) Potassium (B) Washing soda (C) Chlorine (D) None of these 'Bank of Mutate' was fought between (A) Muslims and Jews (B) Muslims and Romans (C) Muslims and Ours (D) Muslims and false prophets Hurst Ibrahim's (AS) grave is found ia: (A) Saudi Arabia (B) Iraq (C) Syria (0) Palest me The soap was made by first of all (A) Hurst !shim (AS) (B) Hunt Salih (AS) (C) Rural Loot (AS) (0) Hunt Yacpsob(AS) 46. He is called as Najecbullah? (A) Hazrat Musa (AS) (B) Hunt Isla (AS) (C) Hunt Yak's (AS) C1ZS (0) None of these
37.
38.
39.
40.
41.
42.
43.
44
45.

B

B

47. Quit India Movement started after the failure of: i (A) Ctipps Mission (B) Simon Commission (C) Cabinet Mission 6 None of these A BC D 48. The provision for separate electorate for Hindus and Muslims was made in (A) Minto-Morley Reforms (B) Mountbatton Piers (C) Government of India Act (D) Montague Chelmsford Reforms A BC D 49. In which year, the Siachen dispute originated between India and Pakistan? A 1984 8 1986 C 1988 0 1990 A BC 0
50. Huns is a militant Palestinian Organization which was founded in 1987. It won the elections in 2006. The llamas leader who was elected the Prune Minister of Palestine Authority was (A) Sheikh Ahmed Yasin (8) Mebmood Abbas (C) Khalid Meshal (D) Ismail Haniyah
A
B
PRE-INTERVIEW WRITTEN TEST FOR RECRUITMENT TO THE POST OF LECTURERS ECONOMICS BPS -17 wily the 23"1 January. 2006 roe 12.00 Noon to 1.00 P.M. UESTION PAPER
cool Instructions I. Candidates are to attempt all qu 4 I. All questions carry equal marks. , Answer M Questions on Answer Sheet provided. I . Write your Roll No., Name, Father's Name & Center on the Answer Sheet WITHIN THE SPACE PROVIDED. DO NOT WRITE THESE DATA ANYWHERE ELSE ON TILE ANSWER SHEET. DOING SO WILL RENDER YOU TO PENALTIES. • t Each mistake made will result in deduction of half mark. 1.; i Circle the appropriate answer in BLUE or BLACK BALL POINT/ FOUNTAIN PEN only. SIGN YOUR ANSWER SHEET IN SPACE PRO VIDEO. It Return pour Answer Sheet when you are asked to. ' 9ttSTION NO: I. The Problem of what to produce in a capitalist society is solved by: (A) Government Action 1 (8) The preferences of the consumer (C) The system of mass production of goods 7 (D) The amount of advertising 2. Which of the following can explain the concave shape of the production possibility curve? (A) Increasing opportunity cost (B) Decreasing opportunity cost (C) Constant opportunity cost -(D) Increasing and then decreasing opportunity costs 1. Which of the following economic systems would government intervention be present?
I l.100 cr

(A) Capitalist (to Alised (I)) 11i.ell and planned. ((') Planned .1 he market economy still not allocate resources efficiently in the event of: 1.1) Surplus of products-Immobility of the factors of production Full condos ment in certain sectors of the economy (1)) ('ris ate ow net ship of property. S. 11 hen the total utility is in creasing. the marginal utility Nil be: • ( A) Increasing at an increasing rate Di) Increasing at a decreasing rale ((-) Increase and then fail (D) hall6. %%hie!, of the following best describes the demand for a necessity.? (A) It is lioth price and income inelastic (B) It is income inelastic but price elastic (C? It is income elastic but price inelastic (I)) It is both income and price elastic 7- An increase in which of the follow tog is least likely to lead to 3 shirt in the supply cone for leather foot halls: (.t) The popularity of soccer (It) I lie price of hides, IC) The demand for leather bags and suitcases (I)) -Ube standard rate of CST & an increase in %,bich of the following would increase the - supply of bus services in Singapore? . (A) The price of bus fares (B) ne demand for bus services (C) The number of bus companies II)) The price of diesel. 9. • %1 hen a firm esperiences economics of settle as its output increase, its long-111a a% erne Cost curve sill: (A) Remain alone its marginal cost cone (11)Ite I shaped ((") Slope down wards to the right (D) Slope upwards to the right 10. Speciali/atimi of labour means (bat: (A) 1:s era one is skilled ssorkcrc (8) Different tasks are allocated to dirk' cot people ((.) The worker is self-employed (I)) Each worker is self sufficient. I I. floods are scarce because society's desire for them Weeds society's ability to produce them: (A) TRt. U) FALSE 12. A. market demand tame car. always be found I)) add*. horizontally, the demand curves of all of the buyers in A gh" market:

TRUE (B) FALSE Progressive tax rates means a larger fraction of income is taken in the form of taxes as income increases: TRUE (B) FALSE In a consumption function C a + b). Y is called independent variable: TRUE (B) FALSE The Soviet Union represents a good example of mixed economy since it produces both industrial and agricultural goods: IRE F (B) FALSE If goods were not scarce they wouln be free: TRUE (Il) FALSE The circular flow model shows how the prices of goods and services arc determined: TRUE (13) FALSE A good indicator of economic growth is the relation ship between gross investment and depreciation: TRUE (B) FALSE An "Inflationary Gap" can be eliminated by increasing Govt: purchases and reducing taxes: TRUE (13) FALSE Sales taxes are proportional since the same tax rate applied regard less of the size of a purchase: TRUE (B) FALSE The marginal revenue product curve is the: The supply curve of the input The demt.nd ,i.:rvP for the input The supply curve for the service The cost curve for the product Profits are different from the other rewards to factors of production because: There is contractual obligations They must he positive They fluctuate They are paid first before the other factors of production. Assuming that there Is no excess aggregate demand, inflation can occur as a result of: A rise in savings (B) A balance of payments deficit A fall in the prices of imports Wage increases exceeding productivity increases Ceteris parihus, inflation will lead to: An increase in the supply of money A decrease in the external value of money A Surplus in the trade balance (D) A budget deficit

286

25. A transfer income is best defined as one which: (A) Is received by house bolds (B) Arises when people do unpaid jobs for each other (C) Is paid out of some one else's income (D) Does not represent income for production of goods and nick 26. Which of the following will not increase the ar{, ale consumption in a country? (A) Redistribution of income from high income groups to law income groups (B) An increase in the availability of treo (C) An increase in Government transfer payments (D) A fail in investment, 27. When the Mauritius economy is at die full employment level of national income, it means that: (A) Everybody is employed (B) There is no deficiency of deonasd (C) The amount of money in the economy is its maximum level. (D) The economy is in the boom phase of the trade cycle. 28. Which of the following policies would be most appropriate in dealing with a trade deficit and high inflation rates? (A) Devaluing of the country's currency (B) Imposing tariffs on imports (C) Reducing taxes and raising government expenditure (D) Increasing taxes and reducing government expenditure. 29. Which of the following is not a reason for market failure? (A) Monopoly power (0) Flexible price (C) The neglect of externalities (D) Monopsony power 30. Economists argue that a budget deficit is harmful if it: (A) Crowds out private expenditures(B) Does any of the above (C) PPcloces private :”xtment expenditures (D) Increases interest rates and injures interest sensitive industries 31. An improvement in technology tends to reduce the supply: (A) TRITE (B) FALSE 32. The supply of petroleum is fixed because there is only a finite amount in the ground: (A) HOE (B) FALSE 33. A fireworks display at a private amusement parts is a pub* good: (A) TRUE (B) FALSE 34. A free rider problem results when exclusion is, net feasible: (A) TRUE (B) FALSE 35. Differences In earning can be explained completely by differences in investment in human capital: (A) TRIPE (B) FALSE 36. For a normal good, the income effect of an increase In Pri“ leads to decreased consumption:
Itr

(A) 37.(A) 39- (A) 39. (A) 40. (A) 41. (A) 42. (A) (C) 43. (A) N. (A) 45. (A) 46. (A) 47. (A) 48.
(A) 49. (A) (B) SO. (A) (B) (C)
287

TRUE (B) FALSE The frequency in births in a population: Fertility (B) Fecundity "Services obtained through compulsion" (C) Migration. Forced labour (B) Bonded labour (C) Child labour defines society in the following term " Society is an artificial device of natural economy" Adam Smith (B) Thomas Hobbes (C) Maclver and Page Competition regionally develops into conflict said by: Eldredge (B) Bogardus (C) Park are the actual information which are received by the researcher for the social study from the actual field or research: Primary data (B) Secondary data (C) Statistical data. Age specific death rate for infants under the age one: Infant fertility rate (B) Infant mortality rate Infant fecundity rate. Resources mobilization approach is based on: Micro economic (B)Macro economic (C) Both of these. Village agriculture and development WAD) program was introduced in: 1950 (II) 1951 (C) 1952 "There is nn development but only fluctuation in the society " said by: Tonnies (B) Sorokin (C) Karl Marx: The determinant of demand that does not shift a demand curve is: Inc2rtte (C) The rrice of the good itself (H) Taste The Tuition paid by University students is a: Progressive tax(B) Regressive tax (C) User charge The distribution of income in our mixed enterprise economy is determined by: Factor prices (B) Tax laws (C) All of these Statistics involves: Collection and organization ' Interpretation and presentation (C) All c' here Factional unemployment occurs when: There is a fall In aggregate demand Workers are seasonally unemployed Aggregate demand exceeds aggregate supply.

pUBLIC SERVICE COMMISSION PRE-INTERVIEW W HYDERABAD RITTEN TEST • FOR RECRUITMENT TO THE POST OF
LECTURERS ECONOMIcs BPS -17
motitY the 23ni January, 2006
9002.00 Noon to 1.00 P.M. CESTIO
oral Instructions I Candidates are equal marks.
to
4.
5.
Answer M
to altems
PAPERS a?t *questions.

questions carry
uestions on Answer Sheet trovided. Write your Roll No., Name, Father's Name & Center on the Answer Sheet WITHIN TIIE SPACE PROVIDED. DO NOT WRITE THESE DATA ANYWHERE ELSE ON THE ANSWER SHEET. DOING SO WILL RENDER YOU TO PENALTIES. Each mistake made will result in deduction of half mark. Circle the appropriate answer in 131,1 E or BLACK BALL POINT/ FOUNTAIN PEN only. 6,, SIGN YOUR ANSWER SHEET IN SPACE PRO VIDEO. 7, Return your Answer Sheet when you are asked to. QUESTION NO:
1. (A) (B) (C) 7. (A) (B) (C) 3. (A) (B) (C) A)

Alliteration means: Frequent repetition of the same consonant sound Repetition of vowel sound S"me ?Imost the same •words at the end of earh stem Antithesis is: Repetition of vowel sound Repetition of same consonant sound Contrast between two ideas or thoughts c,,Iirelscd b% emphatic words, phrases or sentences. Simile is: A Comparison that is not fully expressed but is implied Comparison beineen things that are %cry different but. resemble on another unexpectedly in same nay. A sintple comparison between same things Hyperbole: Is used when we esceed truth, but without intending to deceive Consists of the use of two words together one of which seance to contradict the other A prayer or expression of a wish that scents untrue or silly
Two

pUBLIC SERVICE COMMISSION PRE-INTERVIEW W HYDERABAD RITTEN TEST • FOR RECRUITMENT TO THE POST OF
LECTURERS ECONOMIcs BPS -17
motitY the 23ni January, 2006
9002.00 Noon to 1.00 P.M. CESTIO
oral Instructions I Candidates are equal marks.
to
4.
5.
Answer M
to altems
PAPERS a?t *questions.

questions carry
uestions on Answer Sheet trovided. Write your Roll No., Name, Father's Name & Center on the Answer Sheet WITHIN TIIE SPACE PROVIDED. DO NOT WRITE THESE DATA ANYWHERE ELSE ON THE ANSWER SHEET. DOING SO WILL RENDER YOU TO PENALTIES. Each mistake made will result in deduction of half mark. Circle the appropriate answer in 131,1 E or BLACK BALL POINT/ FOUNTAIN PEN only. 6,, SIGN YOUR ANSWER SHEET IN SPACE PRO VIDEO. 7, Return your Answer Sheet when you are asked to. QUESTION NO:
1. (A) (B) (C) 7. (A) (B) (C) 3. (A) (B) (C) A)

Alliteration means: Frequent repetition of the same consonant sound Repetition of vowel sound S"me ?Imost the same •words at the end of earh stem Antithesis is: Repetition of vowel sound Repetition of same consonant sound Contrast between two ideas or thoughts c,,Iirelscd b% emphatic words, phrases or sentences. Simile is: A Comparison that is not fully expressed but is implied Comparison beineen things that are %cry different but. resemble on another unexpectedly in same nay. A sintple comparison between same things Hyperbole: Is used when we esceed truth, but without intending to deceive Consists of the use of two words together one of which seance to contradict the other A prayer or expression of a wish that scents untrue or silly
Two
Rhym is: (A) Things without lift are addressed as If they are alive (B) Comparison between two similar 'things (C) Repetition of same vowel sound at the end lines with n lob of consonants at the beginning 6. Blank verse: (A) A poetry written without Rhythm (B) Poems are not divided into stanzas (C) Poetry that is written without rhyme 7. Poem Kubla khan was written by S.T. Colerodge•whtil he was: (A) Sitting in the court of Queen Elizabeth C Sleeping 8. Longinus is regarded as: (A) First classic, critic (B) First novelist (C) First romantic critic 9. Renaissance means: (A) Industrialism (B) Rebirth (C) Love of war. 10. Epic is a: (A) Short song showing love of country OH Long heroic poem (C) A tragic story 11. Henry Fielding was a famous: • (A) Dramatist of 16'h century (B) Poet of 18'h century (C) Novelist of 18'h century 12. Robinson Crusoe has been regarded as: (A) First ever complete drama (B) First ever complete novel (C) First ever complete book on criticism 13 Who is devil in Mnr:Aw's Dr.Faustuz? (A) :Mephistopheles (B) Dr.Faustus (C) Ilelen 14. As a part of contract what did Dr.Faustus sell to Mephistopheles: (Al His life (B) His body. (C) His soul 15. Mathew Arnold was one of the greatest critic of: (A) Elizabethan age (11) Classical age (C) Victorian age 16. Who is hero of Shakespeare's Comedy "As you like it"? (A) .lacqus (13) Orlando (C) Touches-tone 17. Chaucer inflicts caustic founds on almost every character in his Canterbury Tales but spares a Character in it. Canterbury Tales. He/she is the: (A) Yeoman (B) Priest (C) Knight 18. Ballad in poetry. Mask and Interlude in drama aNwunere introduced in the: (A) 14th Century (B) 151h Century 19. Play The apple of Cart was written by: (A) Shendon (B) G.B.shaw

(C) (C) D.H Lawrtotg
295
Who is the god or re, 10• flowers in mythology: virle-Yeard, trees, plants, fruits and (A) Krishna • (B) D. The period from 7Ih lonysus

(A)
(A)
known as:century to 1 V` of theC) Christianu era Is ( Bacchs The Dark ages (D) The The earliest kind of playgs° pdeernfoarges (C) The age of drama premises of the church were the: performed by the priests in the Miracle plays 13. In which kind of dr(.111m.) s thee'? s t Pla (C) Morality plays (inst th- es characters represented the abstract virtues and vices of men and women: (A) isliracle (b) Morality 14. The first English comedy was: (C) Mystery (A) Grammer Gurton's needle (1550) (5) The Alchemist (C) Mid Summer Night's Dream 15. The first English Tragedy was: (A) Gorboduc (1562) (B) Hamlet (C) Edward 11 16. Who gave English drama the magnificent instrument of blank verse? (A) Thomas Nash (B) Geoffrey Chaucer (C) Christopher Marlowe. 17. le century is also called the age of: (A) Novel(B) Prose (C) Drama Ze Play the Doll's House was written by: (A) G.B.Shaw (B) Samuel Beckett (C) Kanrik Ibsen Play Arms and the Man was written by: (A) Hennk Ibsen (B) Samuel Beckett (C) Cforge Bernard Shaw 3Ik The title of Faulkner's novel The sound and Furry is borrowed from: (A) Marlowe's drams (B) Milton's poem (C) Shakespeare's play 31. The book' Leaves of Grass's was written by: (A) Faulkner (B) Walt Whitmnn (C) Emerson 33- What is the real name of George Elliott: (A) Mary Evans (B) Mary Elliott (C) Maggie How many voyages are mentioned by Swift in his work

Gulliver's Travels: Three (B) Six The Prelude is alan: Ode (B) Satire Lyrical Ballad is a Joint venture of: Milton and Dryden Wordsworth and Coleridge Pore & Dryden
(C) Four
(C) Epic Poem

296 36. What is the name of the first volume of G.B. Shaw's plays? (A) Pleasant plays (B) Unpleasant plays (C) Three plays for Puritan. 37. The word 'dithyramb' means orship of women (A) Worship of Dionysus (B) W ((:) Worship of Apollo. byte the most nearly o °site In meanin to the word: 38. Apposite: It means and the most nearly opposite is meaning to it is: (A) Diagonal ((') Agitate 39. Antediluvian, means meaning to it is: (A) Subtle (B) Modem (C) Isolated (D) Nugatory 40. Amalgamate means and the nit nearly opposite in meaning to it is:,z6v, .11. Berserk stars f s.T (D) Poisonous k "r (B Separate (C) Care and the most nearly opposite is (A) Stalemate meaning to it (C) Baleful (A) Shand130.1 (I) () Monarchy 13) Wise 42. Buxom means and the most nearly opposite in meaning to it is (A) Quarrelsome (C? Jolly 43. Bootless means and meaning to it is (.A) Significant ((') Jolly 44. Cache means and meaning to it is: (A) Soap (B) Sap (C) Souls (El) Open (E) Billionaire 45. Canny means and the most nearly. opposite la meaning to it is (A) Blind man with cane (() Foolishly

(B) Unobtrusive (I)) Inappropriate, and the most nearly opposite is
(B) Pertaining to box (D) Short tempered the most nearly opposite is
I B) Pertaining to boot (I)) Short tempered. the most nearly opposite in
(B) Capable (0) Shrewd. 16 Century

(.%) ((-)
Celibate means meaning to it is One who believes in Married Cognomen means meaning to it is Congressmen Commoner Garrulous means_ meaning to it is Positive Grave Gauche means meaning to it is Coerce Cheerful P-oltroon- means meaning to it is Plagiarism Timid -
297

and the most nearly
polygamy

apposite
(B) Eunuch (D) Coil and the most nearly opposite ill
x.•
(B) Nickname (D) No. entity and the most nearly opposite in
(B) Strict (D) Silent and the most nearly
opposite in
(C) Jargon (D) Graceful 7- -and the most nearly opposite in (B) Dashing (I)) Intrepid
SINDH PUBLIC SERVICE COMMISSION HYDEFtABAD'' PRE-INTERVIEW WRITTEN TEST FOR RECRUITMENT TO THE POST OF LECTURERS: ECONOMICS 2010-11 1. HDI is used and alternative index by the: (A) POLI (B) UNDP (C) Both (A) and (B) (0) None of these 2. UNDP stands for (A) United Nation Development (B) Under developed Nation Programme Development Programme (C) Under developed Nation Degenerate (D) None ci these Programme .1; 3. The UNDP publishes the annual: (A) population statistics report (B) human development report (C) lower developed countries people (D) none of these The HDI iS closely correlated with (A) GNP • (B) GDP (C) Both(A)and (B) (D) none of these 5. 1/11^rld's Bank, world's Development Report focuses oriti (B) economics statistics (A) social indictors (C) both (A) and (B) (D) none of these 6. LCD governments have:
PCS Syallbus (342 LeCtUr0111 Papers (A) more taxing capacity than (B) loss taxing capacity than Industrialized count industrialized countries (C) ma" taxing cacacity Itke (0) rove of these ircustrialized countries The economic system which functions withoLt tne use of money is given the name of (a) bank system (o) commodity system (c) barter system (d) advantage system "Bad Money Drives Cut Good Money" is the law of (a) Adam Smith (b) Keynes (c) Friedman (d) Gresham The biggest advantage of gold standard was concerned with the stability in the value of currencies at (a) domestic level (b) world level (c) both (a) and (b) (d) none of these The money whose face value is more than its intrinsic value is called: (a) cash money (b) commodity money (e) credit money (d) auto money Gold remained in use as a money Mi. (a) 1940s (b) 1930s (c) 1950s (d) 1920s The theory of both social and private goods is based on the: (a) premise of consumer sovereignty (b) the role of community preferences (c) the role of merit goods (di all of these Efficient resc•irces used in the case of private goods require the marginal rates of substitution in consumption to be the same for all consumers and (a) more than the marginal rate of transformation (b). less than the marginal rate of transformation (C) equal to the marginal rate of transformation (d) none of these The corrective adustmerts in distribution (a) cannot be independent of the allocation choice (b) can be independent of the allocattori choice (c) cannot be dependent of the allocation choice (d) none of these An omniscient planner, to whom all preferences are known, can thus arrive at an allocution of resources to
Ei3CS gulls
the produmI :----- of o (a) Private _ goods (c) commercial _ goods (b) social goods r_ aor o 16 A marke' de " g (d) first two options c indivioual derna-d schedules: schedule is cbtaired by adding (a) horizontally • (o) permanent 'y (b) vertically 17 (d) perpetually The poilcy 1.; e regardiig (a) Tight imports during 1950s was' (c) Liberal (b) Normal 18. During (d) None of them g 1950s, Agricultural sector was given' (a) Special importance (b) Mere importance (c) No attention 19.(d) None of them The main purpose for setting up ofPIDS was to, (a) Discourage agricultural sector (b) Promote industrial sector (C) Discourage industrial sector (d) Promote agricultural sector 20. Dining 1950s, the applicable terms of trade went against-(a) Industrial sector (b) Education sector (c) Agriculture sector (d) Health sector 21. During 1950s. the country's strategy of planning and development was_ (a) Clear cut (b) No clear cut (c) Bad (d) None of them 21. In order to pursue his society, in Islamic economics, the individual must take into account the injunctions of the: (a) Holy Quran (b) (c) Both (a) and (b) (d) r'one cf these 22. an Islamic State, the activities which cannot promote human welfare can (a) not be encouraged (b) be encouraged ( (c) be supported (d) be tolerated 23. "Economics is the science which studies human behaviour as a relationship between ends and scarce means and which have alternative uses" is said by: (a) Marshall (b) Smith (c) Robbins (d) Keynes 24. According to Professor Abdul Hameed Dar and Mian Muhammad Akram. Islamic economics is different from

Lecturers Papers
. 344 Licturilni PapersPCS SysIlbus modern economics (western economics) in: (c) (b) social respect c) cultura' respect (a) political respect (d) all of these May va• ad -es wr c' are :'eater as exogenous variabres ir ‘,veste• econornics a-e •eated r Isarrc economics (a) as endogenous variables (b) a'sc as exogenous variabies (c) output va7iad es (d) none o':rese **** SINDH PUBLIC SERVICE COMMISSION HYDERABAD PRE-INTERVIEW WRITTEN TEST FOR RECRUITMENT TO THE POST OF LECTURERS: ECONOMICS 2012-13 The value of exogenous vanable is determi (a) internal forces (b) superior forcesrS (C) inferior forces (d) exter

2 The measurement of value of y riable at some specific time period is called. (a) Stock (b) raw material (C) bond (d) all of these 3. The fixed numbers or the words in an equation are called. (a) variables (b) fixations (c) constants (d) constraints 4 The coefficient shows how many times the variable has been (a) subtracted (b) multiplied (c) added (d) divided 5 Those quantities which may change but are kept fixed in some discussion are called (a) parameters (b) constants (c) constraints (d) analysis 6. In agriculture economics, we study (a) The prevailing methods of sale in agn markets (b) The functions of agn. markets (c) The role of middle man in agn markets (c) All of them 7. The land cultivation systems are known as (a) Land tenure systems (b) Land turnover systems
r"---pCS Syal!bus

(C) Greenhlands fv with t (d) Cultivatedems Lecturors Papers ! (b) Not furnished with division of labo• Ysh t"s aCnsc: 1. Th(a)eFtruarntht traditional dinivgiseioxinstol f laibnotjutr) specialization. (c) Not specialized In agriculture, the labours are wages: the (a) Above the subsistence level (b) Below the subsistence level (c) Equal to the subsistence level (d) very nominal 10. Because of non-existence of tr9 4 ons in agriculture sector, the relationship between the land owner and tillers remains (a) Unstable (b) Stable (c) Changing(d mi ) deterned 11. If a disturbance causes a( positive u in period t, it is most 'probable that U, + / will (a) be negative (b) be neutral (c) also be positive (d) be zero 12. Interpolations and, in general, the customary data-collecting and processing technielues impart senal correlation in (a) a single aggregative time series (b) some aggregative time series (c) many aggregative time series (d) none of these 13. Even when the residuals are serially correlated, the parameter estimates of OLS are statistically unbiased, in the sense that their expected value is (a) less than the true parameters (b) more than the true parameters (c) equal to the true parameters (d) none of these 14. With auto-cttrrclated values of the disturbance term, the OLS variances of the parameter estimates are likely to be (a) larger than those of other econometric methods (b) smaller than those of other econometric methods • (c) equal to those of other econometric methods 15, (c) none of these The variance of the random term U may be seriously

PCS Syallbus (346 underestimated if the It's: (a) are not auto-correlated (b) are auto-correlated (c) both (a) and (b) (d) none of these In model formCation. identi'ication is a: (a) proclem (b) model estimation (c) appraisal (d) none of these 17. A function belonging to a system of simultaneous equatio-,s is identified if it has a: (a) common statistical form (b) unique statistical form (c) multi-statistical forms (d) all of these 18. Fur the identiflability of a relationship, there are two formal rules setting conditions: (a) the order condition (b) rank condition (c) quantity condition (d) only (a) and (b) 19. For an equation to be identified, the total number of variables excluded from it but included in other equations must be at least as great as the number of equations of the system: (a) Less one (b) plus one (c) equal to one (d) none of these 20. An equation belonging to a system of simultaneous equations is identified if:

Lecturers Papers
(a) (K-M)(G-1) (c) (K-M)(G-1) (d) (K-M) (G-1)