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

For the economic growth of country following is required.

Question # 2

Economic development in UDCs is not possible without.

Question # 3

The concept of unbaled growth and balance growth are.

Question # 4

According to solo growth model capital and labor are.

Question # 5

What characteristics is likely to increase population grotwth.

Question # 6

One of the following is not a necessary characteristics of UDCs

Question # 7

What explains Solow's surprise.

Question # 8

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

Question # 9

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

Question # 10

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

Question # 11

According to the balances growth theory

Question # 12

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

Question # 13

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

Question # 14

Which of the following is not viewed by the text as a major political obstacle to development.

Question # 15

Economic growth rate of a country is determined by the

Question # 16

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

Question # 17

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

Question # 18

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

Question # 19

According to Nurkse a balance growth a ncessary to.

Question # 20

The conjecture that inequality first increases with development then decreases with further development has been

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Sr.# Question Answer
1 The economic growth model of Ricardo based on.
A. Capital formation
B. Diminishing retune
C. Capital output ratio
D. None of these
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 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.
4 in UDCs a potential resource of saving is
A. Structural unemployment
B. Over employment
C. Domestic saving
D. Disguised unemployment
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 According to solo growth model capital and labor are.
A. Not substitution of each other
B. Substation of each other
C. Substation in a way
D. All of these
7 The hidden momentum of population growth is caused by
A. the demographic transition
B. Population age structure
C. the opportunity coast of woman's time
D. Children contribution to income
8 In developing countries the co existence of modern and tadeonal method of production in urban and ruler sector is called.
A. Dualism
B. Under employment
C. Under estimation of resources
D. None of these
9 In the Harrod - Domar equation g = s/v , v is defined as.
A. the value of the country a capital stock
B. The ratio of the country's capital stock to its output.
C. The change in the country's capital stock
D. None of the above
10 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
11 The concept of unbaled growth and balance growth are.
A. Unlimited value
B. Single value
C. Limited value
D. Short value
12 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
13 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
14 The Schumpeterian growth model is based upon
A. Inveslors
B. Capital formation
C. entrepreneurs
D. all of these
15 According to the balances growth theory
A. UDCs can be developed by foreign aid
B. UDCs can be developed by national saving
C. UDCs have to start from beginning
D. DCS are responsible for the development of UDCs
16 Economic growth rate of a country is determined by the
A. Capital formation rate
B. Employment rate
C. Saving rate
D. Investment rate
17 Economic development can be achieve through stages, is the theory of.
A. Rosenstein Rodan
B. Leibstein
C. W.W. Rostow
D. M.P. Todaro
18 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
19 Theories of surplus labor describe that
A. In UDCs unemployment rate is high
B. The margin productivity labor is near to zero
C. Overpopulation is much more in UDCs
D. DCs have less uemployment
20 Economic development in UDCs is not possible without.
A. Foreign aid
B. Capital formation
C. Natural resources
D. Domestic saving

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