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Css Economics2 2013

The document is an exam for recruitment to posts in BS-17 under the Federal Government of Pakistan from 2013. It contains 20 multiple choice questions in Part I testing knowledge of concepts in economics. Part II consists of long-form answer questions, from which candidates must attempt 4, each worth 20 marks. Topics covered include measures of economic development, economic planning in Pakistan, the role of agriculture, foreign trade, foreign direct investment, and concepts like poverty, farm productivity, and income distribution.

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Rana Zafar Arshad
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46 views2 pages

Css Economics2 2013

The document is an exam for recruitment to posts in BS-17 under the Federal Government of Pakistan from 2013. It contains 20 multiple choice questions in Part I testing knowledge of concepts in economics. Part II consists of long-form answer questions, from which candidates must attempt 4, each worth 20 marks. Topics covered include measures of economic development, economic planning in Pakistan, the role of agriculture, foreign trade, foreign direct investment, and concepts like poverty, farm productivity, and income distribution.

Uploaded by

Rana Zafar Arshad
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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FEDERAL PUBLIC SERVICE COMMISSION

COMPETITIVE EXAMINATION FOR RECRUITMENT TO POSTS IN BS-17 UNDER THE FEDERAL GOVERNMENT, 2013 ECONOMICS, PAPER-II
30 MINUTES MAXIMUM MARKS: 20 TIME ALLOWED: (PART-I MCQs) THREE HOURS (PART-II) 2 HOURS & 30 MINUTES MAXIMUM MARKS: 80 NOTE: (i) First attempt PART-I (MCQs) on separate OMR Answer Sheet which shall be taken back after 30 minutes. (ii) Overwriting/cutting of the options/answers will not be given credit.
Roll Number

PART-I ((MCQs) (COMPULSORY)


Q.1. (i) Select the best option/answer and fill in the appropriate Circle on the OMR Answer Sheet. (20x1=20) (ii) Answers given anywhere, other than OMR Answer Sheet, shall not be considered. 1. 2. 3. 4. 5. 6. Foreign aid comprises of: (a) Grants (b) Loans (c) Both (a) and (b) (d) None of these Per capita income of Pakistan during the fiscal year 2011-12 was: (a) $ 1258 (b) $1372 (c) $1025 (d) $ 1050 (e) None of these The GINI coefficient is measure of: (a) Inequality (b) Poverty (c) Growth (d) Development (e) None of these During the last decade income inequality in rural areas of Pakistan has: (a) Increased (b) Decreased (c) Remained unchanged (d) None of these The share of agriculture in GDP is: (a) 21% (b) 10% (c) 12% (d) 17% (e) None of these During 1970s the planning was concerned to: (a) Industrial planning (b) Export promotion (c) Import substitution (d) Structural planning (e) None of these National Savings as a percent of GDP during 2011-2012 was: (a) 10.7 (b) 13.1 (c) 9.5 (d) 8.8 (e) None of these The growth rate of manufacture sector during 2011-12 was: (c) 5.2% (d) 3.6% (e) None of these (a) 1.7% (b) 4.1% The best measure of economic development among following is: (a) NNP (b) HDI (c) GDP (d) All of these (e) None of these The main objective of Monetary or fiscal policy is: (a) Economic stablization (b) Efficiency (c) Both (a) and (b) (d) None of these Direct taxes during 2011-12 were around of total tax revenue. (a) 37% (b) 63% (c) 15% (d) None of these Public debt as a percent of GDP for 2011-12 was: (a) 58% (b) 65% (c) 50% (d) 45% (e) None of these Govt. of Pakistan borrows from: (a) Internal sources (b) External sources (c) Pakistani banks (d) All of these (e) None of these Growth rate of agriculture sector during 2011-12 was: (a) 3.1% (b) 5.4% (c) 2.9% (d) 2.1% (e) None of these Page 1 of 2

7. 8. 9. 10. 11. 12. 13.

14.

ECONOMICS, PAPER-II
15. 16. Nationalization of industries took place during the regime of: (a) ZA Bhutto (b) Zia ul Haq (c) Ayub Khan (d) None of these Development economics is concerned with: (a) Efficient allocation of scarce resources (b) Economic, social and political institutions. (c) Imperfect resource and commodity markets. (d) (a) and (b) only (e) None of these The last land reforms in Pakistan were introduced in: (a) 1972 (b) 1977 (c) 1981 (d) 1958 (e) None of these IMF advances loan for: (a) Construction (b) Balance of payment (c) Travelling (d) None of these Sixth five year plan covers the period: (a) 1965-70 (b) 1960-65 (c) 1988-93 (d) 1983-88 (e) None of these The unemployment rate in Pakistan during 2010-11 was: (a) 7% (b) 5% (c) 3% (d) 6% (e) None of these

17. 18. 19. 20.

PART-II
NOTE: (i) Part-II is to be attempted on the separate Answer Book. (ii) Candidate must write Q. No. in the Answer Book in accordance with Q. No. in the Q. Paper. (iii) Attempt ONLY FOUR questions from PART-II. ALL questions carry EQUAL marks. (iv) Extra attempt of any question or any part of the attempted question will not be considered. Q. No.2. What is meant by economic development? Compare and contrast various measures of economic development? Explain the concept of economic planning and critically evaluate the planning experience in Pakistan. Define and discuss the role of human capital planning in the economic development of Pakistan. Agricultural development is indispensable for industrial development in Pakistan. Discuss this statement. Discuss the nexus between foreign trade and economic growth in Pakistan. Define and discuss the role of FDI in the growth of private sector in Pakistan. Write notes on any TWO of the following: (a) Absolute and relative poverty. (b) Farm Size Productivity Relationship in Pakistan. (c) Growth and Income Distribution. *************

(20)

Q. No.3.

(20)

Q. No.4.

(20)

Q. No.5.

(20) (20) (20) (10 each)

Q. No.6. Q. No.7. Q. No.8.

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