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

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

Question # 2

Unlimited supply of labor means in developing countries that part of man power which even if is withdrawn from the process of production there will be no fallen output is the theory of.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 # 3

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

Question # 4

According to the balances growth theory

Question # 5

The measure used to examine the distribution of wealth at the world level is.

Question # 6

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

Question # 7

The Lorenz curve is used to show relative in equality in the distribution of.

Question # 8

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

Question # 9

What explains Solow's surprise.

Question # 10

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

Question # 11

in UDCs a potential resource of saving is

Question # 12

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

Question # 13

The hidden momentum of population growth is caused by

Question # 14

The concept of unbaled growth and balance growth are.

Question # 15

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

Question # 16

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 # 17

The Human Development index is based on.

Question # 18

Economic growth rate of a country is determined by the

Question # 19

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

Question # 20

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

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 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
2 R.M. Solow in his model assumes that the prices and wages are.
A. Flexible
B. Non flexible
C. Rigid
D. None of these
3 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
4 Theories of surplus labor describe that
A. In UDCs unemployment rate is high
B. The margin productivity labor is near to zero
C. Overpopulation is much more in UDCs
D. DCs have less uemployment
5 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
6 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
7 in UDCs a potential resource of saving is
A. Structural unemployment
B. Over employment
C. Domestic saving
D. Disguised unemployment
8 What explains Solow's surprise.
A. Diminishing returns to capital
B. Insufficient assistance to developing countries
C. Weak institutions
D. low labor productivity
9 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
10 the relation of productivity and income is discussed by Nurkse in.
A. Vicious circle of poverty
B. balance growth theory
C. Unbalance growth theory
D. Big push theory

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