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

  • Total Questions20

  • Time Allowed20

PPSC Economics Topic 8 Development Economics

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Question # 1

Economic development in UDCs is not possible without.

Question # 2

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

Question # 3

According to Keynes the exogenous factors like technology increase in population and discovery of new markets are the reasons. of.

Question # 4

The hidden momentum of population growth is caused by

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

According to solo growth model capital and labor are.

Question # 9

Small size of market is the primary cause of under development according to.

Question # 10

Theories of surplus labor describe that

Question # 11

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

Question # 12

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

Question # 13

Due to indivisibilities in demand and infrastructure economic development can be achieved.

Question # 14

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 # 15

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

Question # 16

The theory of Ruler -urben migraines presented by.

Question # 17

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

Question # 18

in UDCs a potential resource of saving is

Question # 19

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

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 R.M. Solow in his model assumes that the prices and wages are.
A. Flexible
B. Non flexible
C. Rigid
D. None of these
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 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
4 The concept of unbaled growth and balance growth are.
A. Unlimited value
B. Single value
C. Limited value
D. Short value
5 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.
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.
A. Vicious circle of poverty
B. Low capital formation
C. Low development
D. disguised unemployment
7 Following is the major source for a country to meet the deficiency of capital
A. Domestic saving
B. Foreign aid
C. Domestic barrowing
D. All of these
8 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
9 Economic development can be achieve through stages, is the theory of.
A. Rosenstein Rodan
B. Leibstein
C. W.W. Rostow
D. M.P. Todaro
10 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

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