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

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

Question # 3

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

Question # 4

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

Question # 5

More trade and more and is the demand made by the

Question # 6

For the economic growth of country following is required.

Question # 7

Economic development in UDCs is not possible without.

Question # 8

The Schumpeterian growth model is based upon

Question # 9

Which of the following is not viewed by the text as a major political obstacle to development.

Question # 10

According to solo growth model capital and labor are.

Question # 11

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

Question # 12

According to Nurkse a balance growth a ncessary to.

Question # 13

The Human Development index is based on.

Question # 14

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

Question # 15

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

Question # 16

What explains Solow's surprise.

Question # 17

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

Question # 18

Economic growth rate of a country is determined by the

Question # 19

in UDCs a potential resource of saving is

Question # 20

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

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
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
A. Rostow
B. Todoro
C. Solow
D. Haicks
2 The hidden momentum of population growth is caused by
A. the demographic transition
B. Population age structure
C. the opportunity coast of woman's time
D. Children contribution to income
3 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
4 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
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 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
7 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
8 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
9 All the UDCs of the world are homogeneous is broad sense and.
A. Heterogeneous in narrow sense
B. Homogenous in narrow sense also
C. Homogenous in human resources
D. Homogenous in natural resources
10 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

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