PPSC Economics Topic 8 MCQS Test Preparation

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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

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Question # 1

in UDCs a potential resource of saving is

Question # 2

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

Question # 3

Theories of surplus labor describe that

Question # 4

The economic growth model of Ricardo based on.

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

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

Question # 9

More trade and more and is the demand made by the

Question # 10

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

Question # 11

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

Question # 12

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

Question # 13

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

Question # 14

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 # 15

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

Question # 16

Hirschman along with other ebonists consider that for economic development.

Question # 17

The Schumpeterian growth model is based upon

Question # 18

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

Question # 19

The natural rate of unemployment is generally thought of as the

Question # 20

The fall in the birth ratio will affect the process of economic growth according to

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 Economic development in UDCs is not possible without.
A. Foreign aid
B. Capital formation
C. Natural resources
D. Domestic saving
2 According to Nurkse a balance growth a ncessary to.
A. Develop resources
B. Develop capital
C. Break vicious circle of poverty
D. Develop infrastructure.
3 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.
4 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
5 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
6 According to the .A.H Hasen the capitalistic economy is basically characterized with
A. Instability
B. Stability
C. Inefficiency
D. Efficiency
7 Economic development can be achieve through stages, is the theory of.
A. Rosenstein Rodan
B. Leibstein
C. W.W. Rostow
D. M.P. Todaro
8 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
9 the relation of productivity and income is discussed by Nurkse in.
A. Vicious circle of poverty
B. balance growth theory
C. Unbalance growth theory
D. Big push theory
10 The economic growth model of Ricardo based on.
A. Capital formation
B. Diminishing retune
C. Capital output ratio
D. None of these

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