Breaking News
Home » PMS Past Papers » PMS Papers 2015 » ECONOMICS (PAPER-II) (PMS Past Paper 2015)

ECONOMICS (PAPER-II) (PMS Past Paper 2015)

PMS-papers-copy

PUNJAB PUBLIC SERVICE COMMISSION
COMBINED COMPETITIVE EXAMINATION FOR RECRUITMENT TO THE
POSTS OF PROVINCIAL MANAGEMENT SERVICE, ETC. (BS-17) – 2015

SUBJECT: ECONOMICS (PAPER-II)

TIME ALLOWED: THREE HOURS MAXIMUM MARKS: 100

Note: Attempt THREE questions from Section-A and TWO questions from Section-B. All questions carry equal marks.

SECTION-A

Q.1. What is Trade Cycle? Explain its Phases Characteristics and measures to control Trade Cycle.
Q.2. Differentiate between Marginal Efficiency of Capital (MEC) and Marginal Efficiency of Investment (MEI). Explain the factors for the determination of MEC.
Q.3. In what respect Keynes Theory of Income and Employment differs from Classical Theory of Income and Employment? Explain.
Q.4. What is Fiscal Policy? Write in details the Objective and tools of Fiscal Policy.

SECTION-B

Q.5. Differentiate between Economic Development and Economic Growth. Explain the methods for the measurement of Economic Development.
Q.6. Explain the Importance and Problems of Industries in Pakistan.
Q.7. What is World Trade Organization (WTO)? Explain its functions and Impact on Pakistan.



This post has been seen 3091 times.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>