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

For the economic growth of country following is required.

Question # 2

Adam smith includes in the model of economic growth following factors of production.

Question # 3

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

Question # 4

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

Question # 5

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

Question # 6

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

Question # 7

Unlimited supply of labor means in developing countries that part of man power which even if is withdrawn from the process of production there will be no fallen output is the theory of.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 # 8

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

Question # 9

The economic growth model of Ricardo based on.

Question # 10

The theory of Ruler -urben migraines presented by.

Question # 11

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

Question # 12

The fall in the birth ratio will affect the process of economic growth according to

Question # 13

The largest lenders to less developed countries are

Question # 14

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

Question # 15

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

Question # 16

Economic growth rate of a country is determined by the

Question # 17

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

Question # 18

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 # 19

Which of the following is NOT characteristics of underdeveloped nations.

Question # 20

One of the following is not a necessary characteristics of UDCs

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 The Schumpeterian growth model is based upon
A. Inveslors
B. Capital formation
C. entrepreneurs
D. all of these
2 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
3 Hirschman along with other ebonists consider that for economic development.
A. Balance growth is necessary
B. Unbalance growth is necessary
C. Big push in investment is necessary
D. Industrial development is necessary
4 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
5 More trade and more and is the demand made by the
A. Developing countries
B. Developed countries
C. More developed countries
D. Non developing countries
6 Economic development can be achieve through stages, is the theory of.
A. Rosenstein Rodan
B. Leibstein
C. W.W. Rostow
D. M.P. Todaro
7 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
8 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
9 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
10 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

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