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

The hidden momentum of population growth is caused by

Question # 2

The Schumpeterian growth model is based upon

Question # 3

What explains Solow's surprise.

Question # 4

The theory of Ruler -urben migraines presented by.

Question # 5

The natural rate of unemployment is generally thought of as the

Question # 6

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

Question # 7

The concept of unbaled growth and balance growth are.

Question # 8

According to the balances growth theory

Question # 9

For the economic growth of country following is required.

Question # 10

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

Question # 11

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

Question # 12

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

Question # 13

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

Question # 14

All the UDCs of the world are homogeneous is broad sense and.

Question # 15

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

Question # 16

The largest lenders to less developed countries are

Question # 17

According to solo growth model capital and labor are.

Question # 18

Economic development in UDCs is not possible without.

Question # 19

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 # 20

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

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 What explains Solow's surprise.
A. Diminishing returns to capital
B. Insufficient assistance to developing countries
C. Weak institutions
D. low labor productivity
2 The Harrod -Domar models are based on the restrictive assumption of.
A. Increasing saving income ratio
B. Decreasing saving income ratio
C. Low saving income ratio
D. Constant saving income ratio
3 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
4 For the economic growth of country following is required.
A. Capital formation
B. Human resources
C. Natural resources
D. All of these
5 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
6 The main assumption of Kaldor model is that the economy operates at the level of .
A. Full employment
B. Above than full employment
C. Less than full emplyment
D. None of above
7 Small size of market is the primary cause of under development according to.
A. Balance growth theory
B. Unbalance growth theory.
C. Big push theory
D. Dualistic theories
8 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
9 W.W. Rostow considered that the economic development period consist of.
A. Two stages
B. Three stages
C. Four stages
D. Five stages
10 Rule of innovation in economic growth is very important according to.
A. Adam smith
B. Richardo
C. Schumpter
D. Rostow

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