PPSC Economics Topic 8 MCQS Test Preparation

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MCQ's Test For PPSC Economics Topic 8 Development Economics

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PPSC Economics Topic 8 Development Economics

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Question # 1

In the Harrod - Domar equation g = s/v , v is defined as.

Question # 2

According to M.P Todaro model of ruler -urban migraton the migrationis assumed to be a.

Question # 3

The developing countries need to have a big push or big comprehensive package for economic development is the view of.

Question # 4

Historically countries at early stages of rapid economics development have tended to experience.

Question # 5

If for the output of worth 1 million the stock of capital worth 4 million is required this will be.

Question # 6

The theory of Ruler -urben migraines presented by.

Question # 7

The Schumpeterian growth model is based upon

Question # 8

What explains Solow's surprise.

Question # 9

The concept of unbaled growth and balance growth are.

Question # 10

According to the balances growth theory

Question # 11

According to the .A.H Hasen the capitalistic economy is basically characterized with

Question # 12

More trade and more and is the demand made by the

Question # 13

All the UDCs of the world are homogeneous is broad sense and.

Question # 14

The largest lenders to less developed countries are

Question # 15

Which of the following is not an element of the redistribution with growth policy approach.

Question # 16

The natural rate of unemployment is generally thought of as the

Question # 17

Economic development can be achieve through stages, is the theory of.

Question # 18

Economic growth rate of a country is determined by the

Question # 19

Following is the major source for a country to meet the deficiency of capital

Question # 20

According to Keynes the exogenous factors like technology increase in population and discovery of new markets are the reasons. of.

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PPSC Chapter 8 Important MCQ's

Sr.# Question Answer
1 Economic development can be achieve through stages, is the theory of.
A. Rosenstein Rodan
B. Leibstein
C. W.W. Rostow
D. M.P. Todaro
2 The largest lenders to less developed countries are
A. Western government
B. Multi lateral agencies
C. Private banks
D. Invidia investors who purchase government bonds
3 Following is the major source for a country to meet the deficiency of capital
A. Domestic saving
B. Foreign aid
C. Domestic barrowing
D. All of these
4 Which of the following is NOT characteristics of underdeveloped nations.
A. Low per capita income
B. Low growth rate of GNP
C. General needs for substantive investment in the infrastructure
D. Low population growth rates
5 If for the output of worth 1 million the stock of capital worth 4 million is required this will be.
A. capital profit ratio
B. Output profit ration
C. Capital output ratio
D. Capital input ratio
6 The Harrod -Domar models are based on the restrictive assumption of.
A. Increasing saving income ratio
B. Decreasing saving income ratio
C. Low saving income ratio
D. Constant saving income ratio
7 The natural rate of unemployment is generally thought of as the
A. Ratio of the frictional unemployment rate to the cyclical unemployment rate.
B. Sum of fictional unemployment and cyclical unemployment.
C. Sum of frictional unemployment and structural unemployment.
D. sum of structural unemployment and cyclical unemployment.
8 Theories of surplus labor describe that
A. In UDCs unemployment rate is high
B. The margin productivity labor is near to zero
C. Overpopulation is much more in UDCs
D. DCs have less uemployment
9 According to Keynes the exogenous factors like technology increase in population and discovery of new markets are the reasons. of.
A. Underemployment
B. Structural dualism
C. Low capital formation
D. Secular stagnation
10 For the economic growth of country following is required.
A. Capital formation
B. Human resources
C. Natural resources
D. All of these

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