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

in UDCs a potential resource of saving is

Question # 2

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

Question # 3

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

Question # 4

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

Question # 5

Economic development in UDCs is not possible without.

Question # 6

What explains Solow's surprise.

Question # 7

The economic growth model of Ricardo based on.

Question # 8

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

Question # 9

The concept of unbaled growth and balance growth are.

Question # 10

According to the balances growth theory

Question # 11

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

Question # 12

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

Question # 13

Which of the following is NOT characteristics of underdeveloped nations.

Question # 14

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

Question # 15

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

Question # 16

More trade and more and is the demand made by the

Question # 17

The theory of Ruler -urben migraines presented by.

Question # 18

Hirschman along with other ebonists consider that for economic development.

Question # 19

The natural rate of unemployment is generally thought of as the

Question # 20

An Invention is set to be neutral when it raises the marginal productivities of labor and capital in the same proportion is said by

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 R.M. Solow in his model assumes that the prices and wages are.
A. Flexible
B. Non flexible
C. Rigid
D. None of these
2 in UDCs a potential resource of saving is
A. Structural unemployment
B. Over employment
C. Domestic saving
D. Disguised unemployment
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 Rule of innovation in economic growth is very important according to.
A. Adam smith
B. Richardo
C. Schumpter
D. Rostow
5 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
6 Hirschman along with other ebonists consider that for economic development.
A. Balance growth is necessary
B. Unbalance growth is necessary
C. Big push in investment is necessary
D. Industrial development is necessary
7 The Lorenz curve is used to show relative in equality in the distribution of.
A. Wages
B. Income
C. Wealth
D. Profit
8 Due to indivisibilities in demand and infrastructure economic development can be achieved.
A. Balance growth according to its advocates
B. Unbalanced growth according to its advocates
C. Big pus
D. None of these
9 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.
10 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

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