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

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

Question # 2

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

Question # 3

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

Question # 4

The economic growth model of Ricardo based on.

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

Unlimited supply of labor means in developing countries that part of man power which even if is withdrawn from the process of production there will be no fallen output is the theory of.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 # 9

in UDCs a potential resource of saving is

Question # 10

The theory of Ruler -urben migraines presented by.

Question # 11

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

Question # 12

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 # 13

More trade and more and is the demand made by the

Question # 14

Which of the following is NOT characteristics of underdeveloped nations.

Question # 15

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

Question # 16

The natural rate of unemployment is generally thought of as the

Question # 17

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

Question # 18

The concept of unbaled growth and balance growth are.

Question # 19

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

Question # 20

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

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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 What characteristics is likely to increase population grotwth.
A. Family planning programs
B. Old age social security
C. Lack of women's empowerment
D. Rapid economic growth
3 in UDCs a potential resource of saving is
A. Structural unemployment
B. Over employment
C. Domestic saving
D. Disguised unemployment
4 Division of labor is made according to the size of market is the view of
A. M.P.Todaro
B. Leibstein
C. Rostow
D.
Adam smith
5 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
6 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
7 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
8 Which of the following could be a reason for the problem of lack of jobs being overestimated.
A. the existence of disguised unemployment
B. People are underemployment
C. People holding only one job
D. The existence of child labour
9 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
10 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

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