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

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

Question # 2

For the economic growth of country following is required.

Question # 3

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

Question # 4

More trade and more and is the demand made by the

Question # 5

The economic growth model of Ricardo based on.

Question # 6

What characteristics is likely to increase population grotwth.

Question # 7

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

Question # 8

One of the following is not a necessary characteristics of UDCs

Question # 9

Economic growth rate of a country is determined by the

Question # 10

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

Question # 11

The theory of Ruler -urben migraines presented by.

Question # 12

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

Question # 13

The hidden momentum of population growth is caused by

Question # 14

The Schumpeterian growth model is based upon

Question # 15

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

Question # 16

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

Question # 17

Hirschman along with other ebonists consider that for economic development.

Question # 18

in UDCs a potential resource of saving is

Question # 19

Unlimited supply of labor means in developing countries that part of man power which even if is withdrawn from the process of production there will be no fallen output is the theory of.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 # 20

The concept of unbaled growth and balance growth are.

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 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
2 Historically countries at early stages of rapid economics development have tended to experience.
A. Trade deficits and an excess of investment over domestic saving.
B. Trade surpluses and an excess of investment over domestic saving
C. Trade deficits and an increase of domestic saving over investment.
D. Trade surpluses and an excess of domestic saving over investment.
3 The main assumption of Kaldor model is that the economy operates at the level of .
A. Full employment
B. Above than full employment
C. Less than full emplyment
D. None of above
4 In developing countries the co existence of modern and tadeonal method of production in urban and ruler sector is called.
A. Dualism
B. Under employment
C. Under estimation of resources
D. None of these
5 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
6 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
7 W.W. Rostow considered that the economic development period consist of.
A. Two stages
B. Three stages
C. Four stages
D. Five stages
8 The economic growth model of Ricardo based on.
A. Capital formation
B. Diminishing retune
C. Capital output ratio
D. None of these
9 According to the .A.H Hasen the capitalistic economy is basically characterized with
A. Instability
B. Stability
C. Inefficiency
D. Efficiency
10 Which of the following could be a reason for the problem of lack of jobs being overestimated.
A. the existence of disguised unemployment
B. People are underemployment
C. People holding only one job
D. The existence of child labour

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