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

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

Question # 2

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

Question # 3

More trade and more and is the demand made by the

Question # 4

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

Question # 5

Unlimited supply of labor means in developing countries that part of man power which even if is withdrawn from the process of production there will be no fallen output is the theory of.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 # 6

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

Question # 7

Rule of innovation in economic growth is very important according 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

According to Nurkse a balance growth a ncessary to.

Question # 10

In developing countries the co existence of modern and tadeonal method of production in urban and ruler sector is called.

Question # 11

Economic growth rate of a country is determined by the

Question # 12

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

Question # 13

The natural rate of unemployment is generally thought of as the

Question # 14

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

Question # 15

The Schumpeterian growth model is based upon

Question # 16

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

Question # 17

The Human Development index is based on.

Question # 18

The theory of Ruler -urben migraines presented by.

Question # 19

According to the balances growth theory

Question # 20

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

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 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
2 Small size of market is the primary cause of under development according to.
A. Balance growth theory
B. Unbalance growth theory.
C. Big push theory
D. Dualistic theories
3 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
4 in UDCs a potential resource of saving is
A. Structural unemployment
B. Over employment
C. Domestic saving
D. Disguised unemployment
5 If for the output of worth 1 million the stock of capital worth 4 million is required this will be.
A. capital profit ratio
B. Output profit ration
C. Capital output ratio
D. Capital input ratio
6 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.
7 In the Harrod - Domar equation g = s/v , v is defined as.
A. the value of the country a capital stock
B. The ratio of the country's capital stock to its output.
C. The change in the country's capital stock
D. None of the above
8 The measure used to examine the distribution of wealth at the world level is.
A. Gini coefficient
B. Lorenz curve
C. Philips curve
D. None of these
9 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
10 The Lorenz curve is used to show relative in equality in the distribution of.
A. Wages
B. Income
C. Wealth
D. Profit

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