PPSC Economics Topic 8 MCQS Test Preparation

Economics is one of the major fields or careers. Almost all the departments especially government agencies require the staff related to the economy, accounts, or business, etc. to regulate all the financial matters. If you are looking to be a part of such a department and want to start your career as a professional economist then you can get the opportunity to start your career through the PPSC. PPSC is a competitive exam allows you to grab a suitable position and it can be covered with good preparation.

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

Which of the following is not viewed by the text as a major political obstacle to development.

Question # 2

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

Question # 3

More trade and more and is the demand made by the

Question # 4

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

Question # 5

The Human Development index is based on.

Question # 6

The largest lenders to less developed countries are

Question # 7

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

Question # 8

Economic growth rate of a country is determined by the

Question # 9

The Schumpeterian growth model is based upon

Question # 10

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 # 11

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

Question # 12

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

Question # 13

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

Question # 14

The theory of Ruler -urben migraines presented by.

Question # 15

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

Question # 16

in UDCs a potential resource of saving is

Question # 17

The natural rate of unemployment is generally thought of as the

Question # 18

Theories of surplus labor describe that

Question # 19

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

Question # 20

According to Nurkse a balance growth a ncessary to.

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 R.M. Solow in his model assumes that the prices and wages are.
A. Flexible
B. Non flexible
C. Rigid
D. None of these
2 According to M.P Todaro model of ruler -urban migraton the migrationis assumed to be a.
A. Social phenomenon
B. Cultural phenomenon
C. Uneconomic phenomenon
D. Economic phenomenon
3 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
4 The main assumption of Kaldor model is that the economy operates at the level of .
A. Full employment
B. Above than full employment
C. Less than full emplyment
D. None of above
5 Which of the following is not viewed by the text as a major political obstacle to development.
A. Growth oriented polices may damage the short term interest of influential groups
B. Civil war
C. Corruption
D. Departing from strict laissez faire principles
6 Adam smith includes in the model of economic growth following factors of production.
A. Labor only
B. Capital only
C. Labor and capital
D. Labor capital and land
7 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
8 In developing countries the co existence of modern and tadeonal method of production in urban and ruler sector is called.
A. Dualism
B. Under employment
C. Under estimation of resources
D. None of these
9 The concept of carbon credit originated from which one of the following.
A. Earth summit rio de jeneiro
B. Kyoto protocol
C. Montreal protocol
D. G-8 summit Helligendamm
10 Rule of innovation in economic growth is very important according to.
A. Adam smith
B. Richardo
C. Schumpter
D. Rostow

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