PPSC Economics Topic 8 MCQS Test Preparation

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MCQ's Test For PPSC Economics Topic 8 Development Economics

Try The 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

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

Question # 2

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

Question # 3

What explains Solow's surprise.

Question # 4

According to solo growth model capital and labor are.

Question # 5

R.M. Solow in his model assumes that the prices and wages are.

Question # 6

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

Question # 7

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

Question # 8

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

Question # 9

Theories of surplus labor describe that

Question # 10

The Schumpeterian growth model is based upon

Question # 11

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

Question # 12

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

Question # 13

The fall in the birth ratio will affect the process of economic growth according to

Question # 14

Unlimited supply of labor means in developing countries that part of man power which even if is withdrawn from the process of production there will be no fallen output is the theory of.

Question # 15

Division of labor is made according to the size of market is the view of

Question # 16

Hirschman along with other ebonists consider that for economic development.

Question # 17

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

Question # 18

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

Question # 19

One of the following is not a necessary characteristics of UDCs

Question # 20

in UDCs a potential resource of saving is

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 in UDCs a potential resource of saving is
A. Structural unemployment
B. Over employment
C. Domestic saving
D. Disguised unemployment
2 Economic development can be achieve through stages, is the theory of.
A. Rosenstein Rodan
B. Leibstein
C. W.W. Rostow
D. M.P. Todaro
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 A circular constellation of force tending to act and react upon each other in such away to keep a poor country in a state of poverty is termed as.
A. Vicious circle of poverty
B. Low capital formation
C. Low development
D. disguised unemployment
5 The Schumpeterian growth model is based upon
A. Inveslors
B. Capital formation
C. entrepreneurs
D. all of these
6 In Kaldor model saving income ratio in the growth process is considered.
A. Constant
B. Positive
C. Variable
D. Negative
7 For the economic growth of country following is required.
A. Capital formation
B. Human resources
C. Natural resources
D. All of these
8 According to solo growth model capital and labor are.
A. Not substitution of each other
B. Substation of each other
C. Substation in a way
D. All of these
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 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

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