PPSC Economics Topic 8 MCQS Test Preparation

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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

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 # 2

Hirschman along with other ebonists consider that for economic development.

Question # 3

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

Question # 4

Theories of surplus labor describe that

Question # 5

The economic growth model of Ricardo based on.

Question # 6

The conjecture that inequality first increases with development then decreases with further development has been

Question # 7

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

Question # 8

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

Question # 9

What explains Solow's surprise.

Question # 10

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

Question # 11

According to solo growth model capital and labor are.

Question # 12

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

Question # 13

The theory of Ruler -urben migraines presented by.

Question # 14

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

Question # 15

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

Question # 16

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

Question # 17

For the economic growth of country following is required.

Question # 18

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

Question # 19

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

Question # 20

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

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 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
2 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
3 According to M.P Todaro model of ruler -urban migraton the migrationis assumed to be a.
A. Social phenomenon
B. Cultural phenomenon
C. Uneconomic phenomenon
D. Economic phenomenon
4 In developing countries the co existence of modern and tadeonal method of production in urban and ruler sector is called.
A. Dualism
B. Under employment
C. Under estimation of resources
D. None of these
5 More trade and more and is the demand made by the
A. Developing countries
B. Developed countries
C. More developed countries
D. Non developing countries
6 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
7 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.
8 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
9 What explains Solow's surprise.
A. Diminishing returns to capital
B. Insufficient assistance to developing countries
C. Weak institutions
D. low labor productivity
10 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

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