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

For the economic growth of country following is required.

Question # 2

According to the balances growth theory

Question # 3

One of the following is not a necessary characteristics of UDCs

Question # 4

The largest lenders to less developed countries are

Question # 5

The natural rate of unemployment is generally thought of as the

Question # 6

Economic growth rate of a country is determined by the

Question # 7

According to Nurkse a balance growth a ncessary to.

Question # 8

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

Question # 9

What characteristics is likely to increase population grotwth.

Question # 10

The Harrod -Domar models are based on the restrictive assumption of.

Question # 11

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

Question # 12

The Lorenz curve is used to show relative in equality in the distribution of.

Question # 13

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

Question # 14

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

Question # 15

The economic growth model of Ricardo based on.

Question # 16

An Invention is set to be neutral when it raises the marginal productivities of labor and capital in the same proportion is said by

Question # 17

Theories of surplus labor describe that

Question # 18

Due to indivisibilities in demand and infrastructure economic development can be achieved.

Question # 19

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

Question # 20

the relation of productivity and income is discussed by Nurkse in.

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 The Human Development index is based on.
A. Income per capita human capita economic vulnerability
B. Income per capita, life expectancy education
C. Income per capita child mortality rates education.
D. Income per capita life expectancy economic vulnerability
2 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
3 Economic development can be achieve through stages, is the theory of.
A. Rosenstein Rodan
B. Leibstein
C. W.W. Rostow
D. M.P. Todaro
4 What characteristics is likely to increase population grotwth.
A. Family planning programs
B. Old age social security
C. Lack of women's empowerment
D. Rapid economic growth
5 Which of the following is not an element of the redistribution with growth policy approach.
A. Minimum wage legislation
B. Land refrom
C. Progressive taxation
D. Increased access to education
6 Hirschman along with other ebonists consider that for economic development.
A. Balance growth is necessary
B. Unbalance growth is necessary
C. Big push in investment is necessary
D. Industrial development is necessary
7 One of the following is not a necessary characteristics of UDCs
A. Low saving ratio
B. Low capital formation
C. Disguised unemployment
D. Insufficient human resources.
8 The conjecture that inequality first increases with development then decreases with further development has been
A. Strongly supported by most studies
B. Supported mainly by cross section not time series studies.
C. Supported mainly by time sereis not cross section studies
D. Generally repudiated by empirical studies.
9 Economic growth rate of a country is determined by the
A. Capital formation rate
B. Employment rate
C. Saving rate
D. Investment rate
10 What explains Solow's surprise.
A. Diminishing returns to capital
B. Insufficient assistance to developing countries
C. Weak institutions
D. low labor productivity

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