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

What explains Solow's surprise.

Question # 2

in UDCs a potential resource of saving is

Question # 3

Hirschman along with other ebonists consider that for economic development.

Question # 4

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 # 5

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

Question # 6

According to solo growth model capital and labor are.

Question # 7

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

Question # 8

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

Question # 9

According to the balances growth theory

Question # 10

The Human Development index is based on.

Question # 11

The hidden momentum of population growth is caused by

Question # 12

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

Question # 13

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

Question # 14

According to the .A.H Hasen the capitalistic economy is basically characterized with

Question # 15

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

Question # 16

Economic development in UDCs is not possible without.

Question # 17

What characteristics is likely to increase population grotwth.

Question # 18

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

Question # 19

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

Question # 20

One of the following is not a necessary characteristics of UDCs

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 One of the following is not a necessary characteristics of UDCs
A. Low saving ratio
B. Low capital formation
C. Disguised unemployment
D. Insufficient human resources.
2 An Invention is set to be neutral when it raises the marginal productivities of labor and capital in the same proportion is said by
A. Rostow
B. Todoro
C. Solow
D. Haicks
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 The Human Development index is based on.
A. Income per capita human capita economic vulnerability
B. Income per capita, life expectancy education
C. Income per capita child mortality rates education.
D. Income per capita life expectancy economic vulnerability
5 The concept of unbaled growth and balance growth are.
A. Unlimited value
B. Single value
C. Limited value
D. Short value
6 in UDCs a potential resource of saving is
A. Structural unemployment
B. Over employment
C. Domestic saving
D. Disguised unemployment
7 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
8 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
9 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
10 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.

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