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

According to Nurkse a balance growth a ncessary to.

Question # 2

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

Question # 3

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

Question # 4

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

Question # 5

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 # 6

What explains Solow's surprise.

Question # 7

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

Question # 8

Hirschman along with other ebonists consider that for economic development.

Question # 9

Which of the following is NOT characteristics of underdeveloped nations.

Question # 10

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

Question # 11

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

Question # 12

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

Question # 13

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

Question # 14

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

Question # 15

The hidden momentum of population growth is caused by

Question # 16

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

Question # 17

In the Harrod - Domar equation g = s/v , v is defined as.

Question # 18

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

Question # 19

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

Question # 20

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

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 According to M.P Todaro model of ruler -urban migraton the migrationis assumed to be a.
A. Social phenomenon
B. Cultural phenomenon
C. Uneconomic phenomenon
D. Economic phenomenon
2 Theories of surplus labor describe that
A. In UDCs unemployment rate is high
B. The margin productivity labor is near to zero
C. Overpopulation is much more in UDCs
D. DCs have less uemployment
3 In Kaldor model saving income ratio in the growth process is considered.
A. Constant
B. Positive
C. Variable
D. Negative
4 Economic growth rate of a country is determined by the
A. Capital formation rate
B. Employment rate
C. Saving rate
D. Investment rate
5 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
6 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
7 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
8 What explains Solow's surprise.
A. Diminishing returns to capital
B. Insufficient assistance to developing countries
C. Weak institutions
D. low labor productivity
9 The Schumpeterian growth model is based upon
A. Inveslors
B. Capital formation
C. entrepreneurs
D. all of these
10 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

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