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

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

Question # 2

According to solo growth model capital and labor are.

Question # 3

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

Question # 4

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

Question # 5

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

Question # 6

The concept of unbaled growth and balance growth are.

Question # 7

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

Question # 8

The Schumpeterian growth model is based upon

Question # 9

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

Question # 10

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 # 11

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

Question # 12

Following is the major source for a country to meet the deficiency of capital

Question # 13

Economic development in UDCs is not possible without.

Question # 14

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

Question # 15

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

Question # 16

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

Question # 17

The theory of Ruler -urben migraines presented by.

Question # 18

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

Question # 19

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

Question # 20

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

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 The concept of carbon credit originated from which one of the following.
A. Earth summit rio de jeneiro
B. Kyoto protocol
C. Montreal protocol
D. G-8 summit Helligendamm
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 What characteristics is likely to increase population grotwth.
A. Family planning programs
B. Old age social security
C. Lack of women's empowerment
D. Rapid economic growth
4 The Schumpeterian growth model is based upon
A. Inveslors
B. Capital formation
C. entrepreneurs
D. all of these
5 The developing countries need to have a big push or big comprehensive package for economic development is the view of.
A. Nurkse
B. M.P Todaro
C. Rosenstein Rodan
D. Leibenstein
6 The theory of Ruler -urben migraines presented by.
A. W.W. Roslow
B. M.P.Todaro
C. Simon Kuznets
D. Nukse
7 Which of the following could be a reason for the problem of lack of jobs being overestimated.
A. the existence of disguised unemployment
B. People are underemployment
C. People holding only one job
D. The existence of child labour
8 The natural rate of unemployment is generally thought of as the
A. Ratio of the frictional unemployment rate to the cyclical unemployment rate.
B. Sum of fictional unemployment and cyclical unemployment.
C. Sum of frictional unemployment and structural unemployment.
D. sum of structural unemployment and cyclical unemployment.
9 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
10 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

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