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

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

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 # 2

The largest lenders to less developed countries are

Question # 3

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

Question # 4

The Schumpeterian growth model is based upon

Question # 5

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

Question # 6

Which of the following is NOT characteristics of underdeveloped nations.

Question # 7

Unlimited supply of labor means in developing countries that part of man power which even if is withdrawn from the process of production there will be no fallen output is the theory of.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 # 8

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

Question # 9

Hirschman along with other ebonists consider that for economic development.

Question # 10

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

Question # 11

According to Nurkse a balance growth a ncessary to.

Question # 12

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

Question # 13

What explains Solow's surprise.

Question # 14

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

Question # 15

For the economic growth of country following is required.

Question # 16

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 # 17

The Human Development index is based on.

Question # 18

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

Question # 19

The economic growth model of Ricardo based on.

Question # 20

The hidden momentum of population growth is caused by

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 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
2 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
3 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.
A. Fei Rani
B. M.PP. Todaro
C. Lewis
D. Leibstein
4 Rule of innovation in economic growth is very important according to.
A. Adam smith
B. Richardo
C. Schumpter
D. Rostow
5 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
6 R.M. Solow in his model assumes that the prices and wages are.
A. Flexible
B. Non flexible
C. Rigid
D. None of these
7 In Kaldor model saving income ratio in the growth process is considered.
A. Constant
B. Positive
C. Variable
D. Negative
8 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
9 The Schumpeterian growth model is based upon
A. Inveslors
B. Capital formation
C. entrepreneurs
D. all of these
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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