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 concept of unbaled growth and balance growth are.

Question # 2

Economic growth rate of a country is determined by the

Question # 3

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

Question # 4

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

Question # 5

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

Question # 6

According to solo growth model capital and labor are.

Question # 7

Theories of surplus labor describe that

Question # 8

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

Question # 9

The theory of Ruler -urben migraines presented by.

Question # 10

The economic growth model of Ricardo based on.

Question # 11

in UDCs a potential resource of saving is

Question # 12

What characteristics is likely to increase population grotwth.

Question # 13

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

Question # 14

What explains Solow's surprise.

Question # 15

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

Question # 16

Unlimited supply of labor means in developing countries that part of man power which even if is withdrawn from the process of production there will be no fallen output is the theory of.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 # 17

More trade and more and is the demand made by the

Question # 18

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

Question # 19

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

Question # 20

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

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 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
2 Rule of innovation in economic growth is very important according to.
A. Adam smith
B. Richardo
C. Schumpter
D. Rostow
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 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.
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 Economic development in UDCs is not possible without.
A. Foreign aid
B. Capital formation
C. Natural resources
D. Domestic saving
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 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
9 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
10 The Schumpeterian growth model is based upon
A. Inveslors
B. Capital formation
C. entrepreneurs
D. all of these

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