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

00:00
Question # 1

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

Question # 2

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

Question # 3

One of the following is not a necessary characteristics of UDCs

Question # 4

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

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

Hirschman along with other ebonists consider that for economic development.

Question # 9

The largest lenders to less developed countries are

Question # 10

The economic growth model of Ricardo based on.

Question # 11

The Human Development index is based on.

Question # 12

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

Question # 13

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

Question # 14

More trade and more and is the demand made by the

Question # 15

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

Question # 16

Which of the following is NOT characteristics of underdeveloped nations.

Question # 17

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

Question # 18

According to the balances growth theory

Question # 19

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

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 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
2 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
3 W.W. Rostow considered that the economic development period consist of.
A. Two stages
B. Three stages
C. Four stages
D. Five stages
4 Which of the following is not viewed by the text as a major political obstacle to development.
A. Growth oriented polices may damage the short term interest of influential groups
B. Civil war
C. Corruption
D. Departing from strict laissez faire principles
5 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
6 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
7 What characteristics is likely to increase population grotwth.
A. Family planning programs
B. Old age social security
C. Lack of women's empowerment
D. Rapid economic growth
8 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
9 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
10 R.M. Solow in his model assumes that the prices and wages are.
A. Flexible
B. Non flexible
C. Rigid
D. None of these

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