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

The Schumpeterian growth model is based upon

Question # 2

Theories of surplus labor describe that

Question # 3

One of the following is not a necessary characteristics of UDCs

Question # 4

Economic development can be achieve through stages, is the theory of.

Question # 5

What characteristics is likely to increase population grotwth.

Question # 6

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

Question # 7

The theory of Ruler -urben migraines presented by.

Question # 8

Which of the following is NOT characteristics of underdeveloped nations.

Question # 9

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

Question # 10

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

Question # 11

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

Question # 12

The concept of unbaled growth and balance growth are.

Question # 13

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 # 14

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

Question # 15

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

Question # 16

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

Question # 17

According to the balances growth theory

Question # 18

Economic growth rate of a country is determined by the

Question # 19

According to Keynes the exogenous factors like technology increase in population and discovery of new markets are the reasons. of.

Question # 20

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

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 All the UDCs of the world are homogeneous is broad sense and.
A. Heterogeneous in narrow sense
B. Homogenous in narrow sense also
C. Homogenous in human resources
D. Homogenous in natural resources
2 For the economic growth of country following is required.
A. Capital formation
B. Human resources
C. Natural resources
D. All of these
3 Economic development can be achieve through stages, is the theory of.
A. Rosenstein Rodan
B. Leibstein
C. W.W. Rostow
D. M.P. Todaro
4 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.
5 According to the .A.H Hasen the capitalistic economy is basically characterized with
A. Instability
B. Stability
C. Inefficiency
D. Efficiency
6 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
7 Theories of surplus labor describe that
A. In UDCs unemployment rate is high
B. The margin productivity labor is near to zero
C. Overpopulation is much more in UDCs
D. DCs have less uemployment
8 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
9 The concept of unbaled growth and balance growth are.
A. Unlimited value
B. Single value
C. Limited value
D. Short value
10 Which of the following is NOT characteristics of underdeveloped nations.
A. Low per capita income
B. Low growth rate of GNP
C. General needs for substantive investment in the infrastructure
D. Low population growth rates

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