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

Rule of innovation in economic growth is very important according to.

Question # 2

Adam smith includes in the model of economic growth following factors of production.

Question # 3

Which of the following could be a reason for the problem of lack of jobs being overestimated.

Question # 4

Economic growth rate of a country is determined by the

Question # 5

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

Question # 6

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

Question # 7

The main assumption of Kaldor model is that the economy operates at the level of .

Question # 8

According to solo growth model capital and labor are.

Question # 9

The hidden momentum of population growth is caused by

Question # 10

in UDCs a potential resource of saving is

Question # 11

The concept of carbon credit originated from which one of the following.

Question # 12

Which of the following is NOT characteristics of underdeveloped nations.

Question # 13

According to Nurkse a balance growth a ncessary to.

Question # 14

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

Question # 15

One of the following is not a necessary characteristics of UDCs

Question # 16

For the economic growth of country following is required.

Question # 17

Small size of market is the primary cause of under development according to.

Question # 18

The concept of unbaled growth and balance growth are.

Question # 19

The conjecture that inequality first increases with development then decreases with further development has been

Question # 20

W.W. Rostow considered that the economic development period consist of.

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 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
2 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
3 An Invention is set to be neutral when it raises the marginal productivities of labor and capital in the same proportion is said by
A. Rostow
B. Todoro
C. Solow
D. Haicks
4 The fall in the birth ratio will affect the process of economic growth according to
A. Schumpeter
B. A.H.Nansen
C. Karl Marix
D. M.P. Todaro
5 In Kaldor model saving income ratio in the growth process is considered.
A. Constant
B. Positive
C. Variable
D. Negative
6 The Lorenz curve is used to show relative in equality in the distribution of.
A. Wages
B. Income
C. Wealth
D. Profit
7 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
8 Division of labor is made according to the size of market is the view of
A. M.P.Todaro
B. Leibstein
C. Rostow
D.
Adam smith
9 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
10 The measure used to examine the distribution of wealth at the world level is.
A. Gini coefficient
B. Lorenz curve
C. Philips curve
D. None of these

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