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

Economic growth rate of a country is determined by the

Question # 2

in UDCs a potential resource of saving is

Question # 3

The concept of unbaled growth and balance growth are.

Question # 4

The main assumption of Kaldor model is that the economy operates at the level of .

Question # 5

One of the following is not a necessary characteristics of UDCs

Question # 6

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.

Question # 7

the relation of productivity and income is discussed by Nurkse in.

Question # 8

Which of the following is not an element of the redistribution with growth policy approach.

Question # 9

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

Question # 10

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

Question # 11

What explains Solow's surprise.

Question # 12

Unlimited supply of labor means in developing countries that part of man power which even if is withdrawn from the process of production there will be no fallen output is the theory of.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 # 13

The largest lenders to less developed countries are

Question # 14

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

Question # 15

More trade and more and is the demand made by the

Question # 16

The hidden momentum of population growth is caused by

Question # 17

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

Question # 18

The theory of Ruler -urben migraines presented by.

Question # 19

For the economic growth of country following is required.

Question # 20

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

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 The measure used to examine the distribution of wealth at the world level is.
A. Gini coefficient
B. Lorenz curve
C. Philips curve
D. None of these
2 Due to indivisibilities in demand and infrastructure economic development can be achieved.
A. Balance growth according to its advocates
B. Unbalanced growth according to its advocates
C. Big pus
D. None of these
3 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
4 Which of the following is not viewed by the text as a major political obstacle to development.
A. Growth oriented polices may damage the short term interest of influential groups
B. Civil war
C. Corruption
D. Departing from strict laissez faire principles
5 One of the following is not a necessary characteristics of UDCs
A. Low saving ratio
B. Low capital formation
C. Disguised unemployment
D. Insufficient human resources.
6 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
7 According to solo growth model capital and labor are.
A. Not substitution of each other
B. Substation of each other
C. Substation in a way
D. All of these
8 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
9 The conjecture that inequality first increases with development then decreases with further development has been
A. Strongly supported by most studies
B. Supported mainly by cross section not time series studies.
C. Supported mainly by time sereis not cross section studies
D. Generally repudiated by empirical studies.
10 The concept of unbaled growth and balance growth are.
A. Unlimited value
B. Single value
C. Limited value
D. Short value

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