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

00:00
Question # 1

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

Question # 2

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

Question # 3

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

Question # 4

Which of the following is NOT characteristics of underdeveloped nations.

Question # 5

In Kaldor model saving income ratio in the growth process is considered.

Question # 6

What characteristics is likely to increase population grotwth.

Question # 7

One of the following is not a necessary characteristics of UDCs

Question # 8

Economic development in UDCs is not possible without.

Question # 9

Economic growth rate of a country is determined by the

Question # 10

The concept of unbaled growth and balance growth are.

Question # 11

The hidden momentum of population growth is caused by

Question # 12

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

Question # 13

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

Question # 14

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

Question # 15

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

Question # 16

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

Question # 17

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

Question # 18

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

Question # 19

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

Question # 20

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

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 The developing countries need to have a big push or big comprehensive package for economic development is the view of.
A. Nurkse
B. M.P Todaro
C. Rosenstein Rodan
D. Leibenstein
2 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
3 According to Nurkse a balance growth a ncessary to.
A. Develop resources
B. Develop capital
C. Break vicious circle of poverty
D. Develop infrastructure.
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 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.
6 Historically countries at early stages of rapid economics development have tended to experience.
A. Trade deficits and an excess of investment over domestic saving.
B. Trade surpluses and an excess of investment over domestic saving
C. Trade deficits and an increase of domestic saving over investment.
D. Trade surpluses and an excess of domestic saving over investment.
7 The Lorenz curve is used to show relative in equality in the distribution of.
A. Wages
B. Income
C. Wealth
D. Profit
8 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
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 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

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