FEDERAL PUBLIC SERVICE COMMISSION COMPETITIVE EXAMINATION FOR RECRUITMENT TO POSTS IN BS-17 UNDER THE FEDERAL GOVERNMENT, 2014
ECONOMICS, PAPER-II
TIME ALLOWED: THREE HOURS
(PART-I MCQs) 30 MINUTES MAXIMUM MARKS: 20
(PART-II) 2 HOURS & 30 MINUTES MAXIMUM MARKS: 80
NOTE:(i) Part-II is to be attempted on the separate Answer Book.
(ii) Attempt ONLY FOUR questions from PART-II. ALL questions carry EQUAL marks.
(iii) Candidate must write Q. No. in the Answer Book in accordance with Q. No. in the Q. Paper.
(iv) No Page/Space be left blank between the answers. All the blank pages of Answer Book must be crossed.
(v) Extra attempt of any question or any part of the attempted question will not be considered.
PART-II
Q. No. 2. Discuss the common characteristics of developing countries like Pakistan. (20)
Q. No. 3. Differentiate Absolute Poverty and Relative Poverty. Explain the poverty reduction strategies in Pakistan (20)
Q. No. 4. Define agriculture price policy and its kinds. What are the objectives of agriculture price policy in developing countries like Pakistan? (20)
Q. No. 5. Explain the major monetary and fiscal measures to promote industrial development. (20)
Q. No. 6. Give the causes of deficit in balance of payment in Pakistan and suggest measures to correct the adverse balance of payment. (20)
Q. No. 7. What is the difference between collective and cooperative farming? Explain the advantages and causes of failure of cooperative farming? (20)
Q. No. 8. Write NOTES on the following: (10 each) (20)
(a) Trends in Foreign Remittances
(b) Privatization Policy