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

Economic growth rate of a country is determined by the

Question # 2

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

Question # 3

Economic development in UDCs is not possible without.

Question # 4

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

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

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

Question # 9

Unlimited supply of labor means in developing countries that part of man power which even if is withdrawn from the process of production there will be no fallen output is the theory of.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 # 10

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

Question # 11

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

Question # 12

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

Question # 13

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 # 14

Division of labor is made according to the size of market is the view of

Question # 15

According to the balances growth theory

Question # 16

Which of the following could be a reason for the problem of lack of jobs being overestimated.

Question # 17

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

Question # 18

The hidden momentum of population growth is caused by

Question # 19

The Schumpeterian growth model is based upon

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 For the economic growth of country following is required.
A. Capital formation
B. Human resources
C. Natural resources
D. All of these
2 The natural rate of unemployment is generally thought of as the
A. Ratio of the frictional unemployment rate to the cyclical unemployment rate.
B. Sum of fictional unemployment and cyclical unemployment.
C. Sum of frictional unemployment and structural unemployment.
D. sum of structural unemployment and cyclical unemployment.
3 According to Keynes the exogenous factors like technology increase in population and discovery of new markets are the reasons. of.
A. Underemployment
B. Structural dualism
C. Low capital formation
D. Secular stagnation
4 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.
A. Fei Rani
B. M.PP. Todaro
C. Lewis
D. Leibstein
5 According to Nurkse a balance growth a ncessary to.
A. Develop resources
B. Develop capital
C. Break vicious circle of poverty
D. Develop infrastructure.
6 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
7 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
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 economic growth model of Ricardo based on.
A. Capital formation
B. Diminishing retune
C. Capital output ratio
D. None of these
10 The Human Development index is based on.
A. Income per capita human capita economic vulnerability
B. Income per capita, life expectancy education
C. Income per capita child mortality rates education.
D. Income per capita life expectancy economic vulnerability

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