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

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

Question # 2

What characteristics is likely to increase population grotwth.

Question # 3

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

Question # 4

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

Question # 5

According to Nurkse a balance growth a ncessary to.

Question # 6

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

Question # 7

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 # 8

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

Question # 9

According to solo growth model capital and labor are.

Question # 10

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

Question # 11

The hidden momentum of population growth is caused by

Question # 12

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 # 13

The largest lenders to less developed countries are

Question # 14

One of the following is not a necessary characteristics of UDCs

Question # 15

Unlimited supply of labor means in developing countries that part of man power which even if is withdrawn from the process of production there will be no fallen output is the theory of.

Question # 16

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

Question # 17

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

Question # 18

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

Question # 19

The theory of Ruler -urben migraines presented by.

Question # 20

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

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 The Lorenz curve is used to show relative in equality in the distribution of.
A. Wages
B. Income
C. Wealth
D. Profit
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 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
4 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
5 Economic growth rate of a country is determined by the
A. Capital formation rate
B. Employment rate
C. Saving rate
D. Investment rate
6 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.
7 The concept of unbaled growth and balance growth are.
A. Unlimited value
B. Single value
C. Limited value
D. Short value
8 Economic development can be achieve through stages, is the theory of.
A. Rosenstein Rodan
B. Leibstein
C. W.W. Rostow
D. M.P. Todaro
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 Adam smith includes in the model of economic growth following factors of production.
A. Labor only
B. Capital only
C. Labor and capital
D. Labor capital and land

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