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

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PPSC Economics Topic 8 Development Economics

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Question # 1

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

Question # 2

Theories of surplus labor describe that

Question # 3

According to the .A.H Hasen the capitalistic economy is basically characterized with

Question # 4

in UDCs a potential resource of saving is

Question # 5

According to the balances growth theory

Question # 6

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

Question # 7

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

Question # 8

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

Question # 9

The Human Development index is based on.

Question # 10

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

Question # 11

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

Question # 12

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

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

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

Question # 16

Economic growth rate of a country is determined by the

Question # 17

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

Question # 18

Which of the following is NOT characteristics of underdeveloped nations.

Question # 19

Hirschman along with other ebonists consider that for economic development.

Question # 20

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

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 The Lorenz curve is used to show relative in equality in the distribution of.
A. Wages
B. Income
C. Wealth
D. Profit
2 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
3 Which of the following is not an element of the redistribution with growth policy approach.
A. Minimum wage legislation
B. Land refrom
C. Progressive taxation
D. Increased access to education
4 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
5 Economic development in UDCs is not possible without.
A. Foreign aid
B. Capital formation
C. Natural resources
D. Domestic saving
6 Economic growth rate of a country is determined by the
A. Capital formation rate
B. Employment rate
C. Saving rate
D. Investment rate
7 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.
8 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
9 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
10 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

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