PPSC Economics Topic 8 MCQS Test Preparation

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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

More trade and more and is the demand made by the

Question # 2

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

Question # 3

Economic growth rate of a country is determined by the

Question # 4

The hidden momentum of population growth is caused by

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

Which of the following is NOT characteristics of underdeveloped nations.

Question # 9

Which of the following is not an element of the redistribution with growth policy approach.

Question # 10

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

Question # 11

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.

Question # 12

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

Question # 13

For the economic growth of country following is required.

Question # 14

The economic growth model of Ricardo based on.

Question # 15

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

Question # 16

Following is the major source for a country to meet the deficiency of capital

Question # 17

According to solo growth model capital and labor are.

Question # 18

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

Question # 19

Theories of surplus labor describe that

Question # 20

The natural rate of unemployment is generally thought of as the

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 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
2 The Schumpeterian growth model is based upon
A. Inveslors
B. Capital formation
C. entrepreneurs
D. all of these
3 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
4 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.
A. Fei Rani
B. M.PP. Todaro
C. Lewis
D. Leibstein
5 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
6 Economic development can be achieve through stages, is the theory of.
A. Rosenstein Rodan
B. Leibstein
C. W.W. Rostow
D. M.P. Todaro
7 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.
8 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
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 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

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