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

For the economic growth of country following is required.

Question # 2

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

Question # 3

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

Question # 4

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

Question # 5

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

Question # 6

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

Question # 7

The economic growth model of Ricardo based on.

Question # 8

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

Question # 9

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

Question # 10

Hirschman along with other ebonists consider that for economic development.

Question # 11

Economic growth rate of a country is determined by the

Question # 12

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 # 13

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

Question # 14

More trade and more and is the demand made by the

Question # 15

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

Question # 16

The theory of Ruler -urben migraines presented by.

Question # 17

The largest lenders to less developed countries are

Question # 18

According to solo growth model capital and labor are.

Question # 19

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

Question # 20

Which of the following is not viewed by the text as a major political obstacle to development.

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 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
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 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
4 Which of the following is NOT characteristics of underdeveloped nations.
A. Low per capita income
B. Low growth rate of GNP
C. General needs for substantive investment in the infrastructure
D. Low population growth rates
5 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
6 The economic growth model of Ricardo based on.
A. Capital formation
B. Diminishing retune
C. Capital output ratio
D. None of these
7 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
8 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.
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 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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