PPSC Economics Topic 8 MCQS Test Preparation

Economics is one of the major fields or careers. Almost all the departments especially government agencies require the staff related to the economy, accounts, or business, etc. to regulate all the financial matters. If you are looking to be a part of such a department and want to start your career as a professional economist then you can get the opportunity to start your career through the PPSC. PPSC is a competitive exam allows you to grab a suitable position and it can be covered with good preparation.

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

Economic growth rate of a country is determined by the

Question # 2

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

Question # 3

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

Question # 4

More trade and more and is the demand made by the

Question # 5

The natural rate of unemployment is generally thought of as the

Question # 6

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

Question # 7

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

Question # 8

What characteristics is likely to increase population grotwth.

Question # 9

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

Question # 10

in UDCs a potential resource of saving is

Question # 11

Hirschman along with other ebonists consider that for economic development.

Question # 12

The concept of unbaled growth and balance growth are.

Question # 13

The Schumpeterian growth model is based upon

Question # 14

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

Question # 15

According to solo growth model capital and labor are.

Question # 16

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

Question # 17

Adam smith includes in the model of economic growth following factors of production.

Question # 18

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

Question # 19

According to Nurkse a balance growth a ncessary to.

Question # 20

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

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PPSC Economics Chapter 8 Important MCQ's

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 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
3 The Schumpeterian growth model is based upon
A. Inveslors
B. Capital formation
C. entrepreneurs
D. all of these
4 R.M. Solow in his model assumes that the prices and wages are.
A. Flexible
B. Non flexible
C. Rigid
D. None of these
5 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
6 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
7 Economic growth rate of a country is determined by the
A. Capital formation rate
B. Employment rate
C. Saving rate
D. Investment rate
8 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
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 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.

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