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

Which of the following could be a reason for the problem of lack of jobs being overestimated.

Question # 2

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

Question # 3

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

Question # 4

W.W. Rostow considered that the economic development period consist of.

Question # 5

The economic growth model of Ricardo based on.

Question # 6

Economic growth rate of a country is determined by the

Question # 7

Due to indivisibilities in demand and infrastructure economic development can be achieved.

Question # 8

What explains Solow's surprise.

Question # 9

Economic development in UDCs is not possible without.

Question # 10

The largest lenders to less developed countries are

Question # 11

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

Question # 12

Which of the following is NOT characteristics of underdeveloped nations.

Question # 13

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 # 14

The Human Development index is based on.

Question # 15

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 # 16

The Schumpeterian growth model is based upon

Question # 17

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

Question # 18

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

Question # 19

The theory of Ruler -urben migraines presented by.

Question # 20

The concept of unbaled growth and balance growth are.

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 In Kaldor model saving income ratio in the growth process is considered.
A. Constant
B. Positive
C. Variable
D. Negative
2 The measure used to examine the distribution of wealth at the world level is.
A. Gini coefficient
B. Lorenz curve
C. Philips curve
D. None of these
3 Which of the following is not an element of the redistribution with growth policy approach.
A. Minimum wage legislation
B. Land refrom
C. Progressive taxation
D. Increased access to education
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 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
6 Following is the major source for a country to meet the deficiency of capital
A. Domestic saving
B. Foreign aid
C. Domestic barrowing
D. All of these
7 The Lorenz curve is used to show relative in equality in the distribution of.
A. Wages
B. Income
C. Wealth
D. Profit
8 For the economic growth of country following is required.
A. Capital formation
B. Human resources
C. Natural resources
D. All of these
9 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.
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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