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

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

More trade and more and is the demand made by the

Question # 2

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

Question # 3

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

Question # 4

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

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

Hirschman along with other ebonists consider that for economic development.

Question # 9

According to Keynes the exogenous factors like technology increase in population and discovery of new markets are the reasons. of.

Question # 10

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

Question # 11

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

Question # 12

One of the following is not a necessary characteristics of UDCs

Question # 13

According to solo growth model capital and labor are.

Question # 14

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

Question # 15

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

Question # 16

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

Question # 17

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

Question # 18

The concept of unbaled growth and balance growth are.

Question # 19

According to the balances growth theory

Question # 20

The theory of Ruler -urben migraines presented by.

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 According to the .A.H Hasen the capitalistic economy is basically characterized with
A. Instability
B. Stability
C. Inefficiency
D. Efficiency
2 in UDCs a potential resource of saving is
A. Structural unemployment
B. Over employment
C. Domestic saving
D. Disguised unemployment
3 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
4 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
5 What explains Solow's surprise.
A. Diminishing returns to capital
B. Insufficient assistance to developing countries
C. Weak institutions
D. low labor productivity
6 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
7 For the economic growth of country following is required.
A. Capital formation
B. Human resources
C. Natural resources
D. All of these
8 The hidden momentum of population growth is caused by
A. the demographic transition
B. Population age structure
C. the opportunity coast of woman's time
D. Children contribution to income
9 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
10 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

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