Economics

According to the recently held census, the total population of Pakistan is
(A) 200.77 million
(B) 207.77 million
(C) 210.77 million
(D) 217.77 million

The total GDP of Pakistan in nominal terms is about __________ billion as of 2017
(A) $304.4
(B) $314.4
(C) $324.4
(D) $334.4

The GDP growth rate in the financial year 2017-18 was recorded as
(A) 4.59%
(B) 4.99%
(C) 5.39%
(D) 5.79%

The per capita income in Pakistan is
(A) $1441
(B) $1541
(C) $1641
(D) $1741

The three main sectors of Pakistan economy are
(A) agriculture, industry and manufacturing
(B) agriculture, industry and transport
(C) agriculture, education and industry
(D) agriculture, industry and services

What sector provides the largest employment in Pakistan?
(A) agriculture
(B) industry
(C) services
(D) manufacturing

Which sector is the major source of tax revenues for the government?
(A) agriculture
(B) industry
(C) services
(D) manufacturing

What sector is the largest contributor to the GDP?
(A) agriculture
(B) industry
(C) services
(D) manufacturing

The recent census was held in 2017, the last census was held in the year
(A) 1998
(B) 2000
(C) 2002
(D) 2004

The current inflation rate in Pakistan is about
(A) 3.24%
(B) 3.78%
(C) 4.24%
(D) 4.78%

The current unemployment rate in Pakistan is about
(A) 3.9%
(B) 4.9%
(C) 5.9%
(D) 6.9%

As of December 2017 the total government debt were stood at
(A) Rs.20,820 billion
(B) Rs.22,820 billion
(C) Rs.24,820 billion
(D) Rs.26,820 billion[

The most important sub-sector of the industrial sector is
(A) construction
(B) transport
(C) real estate
(D) manufacturing

The share of manufacturing sub-sector in the overall industrial sector is
(A) 52.71%
(B) 58.71%
(C) 64.71%
(D) 70.71%

The agriculture sector contributes __________ to the country’s GDP.
(A) 18.90%
(B) 20.90%
(C) 22.90%
(D) 24.90%

The industry sector contributes __________ to the country’s GDP.
(A) 18.87%
(B) 20.87%
(C) 22.87%
(D) 24.87%

The services sector contributes __________ to the country’s GDP.
(A) 45.23%
(B) 50.23%
(C) 55.23%
(D) 60.23%

The three Stock Exchanges Karachi, Lahore and Islamabad were merged into Pakistan Stock Exchange (PSX) on
(A) January 11, 2015
(B) February 13, 2015
(C) January 11, 2016
(D) February 13, 2016

Foreign exchange reserves of Pakistan reached the new historic high of __________ on October 14, 2016.
(A) $24.5 billion
(B) $28.5 billion
(C) $32.5 billion
(D) $36.5 billion

Currently, about how many beneficiaries (families) are receiving financial help under Benazir Income Support Program (BISP) of the government of Pakistan.
(A) 4.0 million
(B) 4.6 million
(C) 5.0 million
(D) 5.6 million

Currently, about 5.6 million beneficiaries are receiving financial help of __________ per annum under BISP of the government of Pakistan.
(A) Rs.15,338
(B) Rs.17,338
(C) Rs.19,338
(D) Rs.21,338

Prime Minister of Pakistan on September 15, 2015 announced a mega relief package of __________ for small farmers.
(A) Rs.281 billion
(B) Rs.301 billion
(C) Rs.321 billion
(D) Rs.341 billion

The agriculture relief package includes
(A) direct cash support
(B) subsidies
(C) soft agriculture loans
(D) all of the above

The Tax-to-GDP ratio during financial year 2017 in Pakistan was
(A) 10.4%
(B) 12.4%
(C) 14.4%
(D) 16.4%

Under the public sector development program (PSDP), the allocation to the federal PSDP for the financial year 2018 is
(A) Rs.1,001 billion
(B) Rs.1,101 billion
(C) Rs.1,201 billion
(D) Rs.1,301 billion

The total outlay of federal budget 2018-19 is
(A) Rs.4,932.5 billion
(B) Rs.5,932.5 billion
(C) Rs.6,932.5 billion
(D) Rs.7,932.5 billion

The apex regulator of capital market in Pakistan is
(A) federal board of revenue
(B) Pakistan stock exchange
(C) state bank of Pakistan
(D) security and exchange commission of Pakistan

Government of Pakistan recently announced two tax amnesty schemes, for domestic and foreign assets, in
(A) April 2018
(B) May 2018
(C) June 2018
(D) July 2018

To facilitate the investors, Central Directorate of National Savings (CDNS) has launched a mobile application called
(A) My Digital Savings
(B) National Savings Digital
(C) Qoumi Bachat Digital
(D) Bank Sahulat Digital

Under the Prime Minister Agriculture package, the installation of production unit of Halal meat that will be registered before December 31, 2016 will be given a __________ exemption on income tax.
(A) two year
(B) three year
(C) four year
(D) five year

Under the agriculture package, the government would bear the __________ premium on the agricultural insurance.
(A) Rs.2.5 billion
(B) Rs.3.0 billion
(C) Rs.3.5 billion
(D) Rs.4.0 billion

The current policy rate in Pakistan is
(A) 6.00%
(B) 6.50%
(C) 7.00%
(D) 7.50%

Public Expenditure on Education in the financial year 2017 were _____% of the GDP.
(A) 2.0
(B) 2.2
(C) 2.4
(D) 2.6

The literacy rate in Pakistan is
(A) 56%
(B) 58%
(C) 60%
(D) 62%

The agriculture provides employment of about __________ of the country’s total labour force.
(A) 35.7%
(B) 42.3%
(C) 49.9%
(D) 56.3%

The custom duty, sales tax and withholding tax on the agriculture machinery have been reduced from 45% to
(A) 15%
(B) 13%
(C) 11%
(D) 9%

The allocation under Benazir Income Support Programme (BISP) for the financial year 2018 is
(A) Rs.101 billion
(B) Rs.111 billion
(C) Rs.121 billion
(D) Rs.131 billion

Under the PM agriculture package the traders of agriculture commodities, fruits, vegetables and fish would get an exemption of __________ years on income tax.
(A) 2
(B) 3
(C) 4
(D) 5

Under the PM agriculture package the government would provide Rs.30 billion as the __________ guarantee to banks on loans.
(A) 40%
(B) 45%
(C) 50%
(D) 55%

The growth rate in the agriculture sector during the financial year 2017-18 was
(A) −0.19%
(B) 3.81%
(C) 5.80%
(D) 6.43%

The growth rate in the industry sector during the financial year 2017-18 was
(A) −0.19%
(B) 3.81%
(C) 5.80%
(D) 6.43%

The growth rate in the services sector during the financial year 2017-18 was
(A) −0.19%
(B) 3.81%
(C) 5.80%
(D) 6.43%

Which from the following is NOT a “Kharif” crop?
(A) Rice
(B) Wheat
(C) Sugarcane
(D) Cotton

Which from the following is NOT a “Rabi” crop?
(A) Sugarcane
(B) Wheat
(C) Gram
(D) Tobacco

how to download admission slip??
candidate list option is not working on SPSC website...
if someone has downloaded their slip kindly confirm...

1. Go to SPSC.gov.pk,

2.on the right hand side, there will be "ONLINE WRITTEN TEST LETTERS",

3.you'll have to click on the lines below, it will take you to another page,

4.from the drop down list, select the post and enter your CNIC #,

5. if you have applied for the post, click generate and it will take you to the Admission slip printing page

Statistics

Population: The universe of event numbers under study.

Sample and sampling: A portion of the population used for statistical analysis. Sampling is the process by which numerical values will be selected from the population.

Probability sampling: A selection process that considers the likelihood of selecting a particular number or attribute from the population.

Random sample: A sampling process whereby every item in the population has an equal chance of being chosen and placed in the sample.

Variable: A numerical attribute that can take on different values. Variables constitute the characteristic of a sample set to which statistical analysis will be analyzed. There can be categorical or numerical variables. For example, a person's religion would be a categorical variable whereas that person's disposable income would be a numerical variable.

Parameter: A numerical measure describing a particular characteristic of a population.

Statistic: A numerical measure that describes some property of the population. A statistic is obtained from a sample.

Published sources of data: Published sources of data are collected from either a primary or secondary source. Primary data is data collected by the primary analyst. Secondary data is data that has been collected from primary sources.

Experimental data: Data about a variable that has been collected by allowing only one (or a selected) group of variables to change. All other variables are held constant.

" Experimental data is typically seen in the hard sciences. Non-experimental data is typically seen in the social sciences where it is impossible to "hold everything else constant."

Survey data: Data collected from the responses of a group of participants.

Frame data: Data collected using a pre-specified list establishing the guidelines that will be used in assembling the sample from the population.

Bar chart: A chart made from categorical data in which the heights of bars represent the frequency (or relative frequency aka percent) of membership in each value of the variable.

Histogram: A graph made from quantitative data in which the range of the data is divided into intervals called bins, and then bars are constructed above each bin such that the heights of the bars represent the frequency or relative frequency of data in the particular bin.

Box and whisker plot: A plot that incorporates the median and upper and lower quartiles to graphically display the data range.

Time series plot: The plot of a specified variable over time.

Cross-sectional data: Data compared at one point in time. Comparisons can be intra-data or with a benchmark data point.

Probability: The mathematical likelihood a particular outcome will occur.

Probability distribution: A scaling of possible event outcomes based upon their likelihood (probability) of occurring and described by a probability function.

Discrete probability distribution: A probability distribution where each class contains only certain values of their variable in any particular interval (such as only whole number values, for example).

Continuous probability distribution: A probability distribution described by any possible value of the variable within the range of possible values.

Symmetrical probability distribution: A probability function that has a vertical line of symmetry creating left/right mirror images. The most well-known example is the bell-shaped Normal distribution that is fully described by it's mean and standard deviation.

Central Limit Theorem: The statistical law that states that regardless of the shape of the distribution of the individual values in the population, as the sample size gets larger, the sampling distribution of the mean can be approximated by a normal distribution.

Degree of freedom: The number of independent data values available to estimate the population's standard deviation.

Z-value: A statistic generated from a normal probability distribution. It is a standardized value in that it divides the difference between an observation and the mean value by the standard deviation of the observations.

A pie chart: A circular graph where wedge-shaped slices comprise proportions of the total circular graph.

Pareto chart: A bar chart that displays the count of each item as a number or percentage in ascending order from left to right. The Pareto function represents a cumulative percentage summing to 100%.

Frequency: The number or percent occurrence of a particular outcome out of N trials.

Frequency table: A grouping of data into mutually exclusive classes showing the number of observations in each class.

Joint frequency distribution: A table consisting of paired responses for two variables.

Mean: A measure of central tendency. It is computed by summing all data values and dividing by the number of data values summed.

Expected mean: A measure of central tendency. All data values are weighted by their probability of occurring and then summed. The expected mean is an ex ante calculation (sometimes referred to as a weighted mean where the probabilities are the weights).

Median: A center value that divides the data array into two halves. The median is not affected by extreme observation values in the data set.

Mode: The value in the data set that occurs most frequently. Some data sets may have more than one mode if two different values tie for the most frequently occurring value. For example, a distribution of values may be bi-modal in nature.

Population variance: The population variance is the average of the squared differences of the data values from the mean value of observations divided by N observations.

Sample variance: The sum of the squared differences of the data values from the mean value of observations where this sum is divided by the number of observations (N) minus 1.

Sample standard deviation: The square root of the sample variance. The sample standard deviation represents the typical distance from the mean to an observation in the data. The sample standard deviation is a measure of risk.

Sample coefficient of variation: The ratio obtained by dividing the sample standard deviation by the sample mean. This calculation is useful when two different data sets have different means and standard deviations.

Point estimate: A single statistic (number) that is determined from a sample. It is used to estimate the corresponding population parameter.

Sampling error: Differences from the mean that occur due to random chance.

Confidence interval: An interval computed from a sample that is expected to contain the poplulation parameter with a given level of confidence.

Null hypothesis: The belief that a population parameter is equal to a specific value. The null can be rejected via statistical inference.

Alternative hypothesis: The subsequent test result that leads the researcher to reject the null hypothesis in favor of the alternative hypothesis with a pre-specified level of confidence. The null and alternative hypotheses are mutual exclusive states.

Correlation: The strength of linear association between two variables. Correlation is not causality.

Correlation coefficient: A numerical measure of the sign and strength of the linear association between two variables. The correlation coefficient will range between -1.00 (negative correlation) and +1.00 (positive correlation).

Linear regression: A statistical method in which a straight line is "fit" to a scatter of point coordinates so as to determine an estimated intercept and slope (the regression coefficients).

Rate of return:The difference between the dollar amount invested at the beginning of the period and the amount received at the end of the period divided by the amount invested.

Diversification: The effect that reduces portfolio risk if the securities making up the portfolio are not perfectly positively correlated.

Finally someone picked call at spsc and he said simple calculator is allowed but he says ask once from invagilitor there before using

Thanks alot for the information. I will definitely bring calculator in the exam hall.

Scientific calculator is not allowed just simple one , I will also take simple calculator with me but at the time of slip checking I will ask invagilitor, so that they don't waste time later

Questions were 100
Negative marking 0. 25
Simple calculator was allowed
Mine was paper c and it was difficult

Mine was paper A, English was easy, GK was comparitively tough, stats difficult, rest was average.

Most of the applicants were from Other cities, just like me - spsc did a blunder or they did it intentionally while alloting test Center’s, I had to travel from Karachi to Hyderabad.

Calculator wasnt allowed in Nuzreth college, my paper was also Type C. I missed 7 questions. How many questions did you attempt?