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

More trade and more and is the demand made by the

Question # 2

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 # 3

the relation of productivity and income is discussed by Nurkse in.

Question # 4

in UDCs a potential resource of saving is

Question # 5

What explains Solow's surprise.

Question # 6

According to solo growth model capital and labor are.

Question # 7

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

Question # 8

The Schumpeterian growth model is based upon

Question # 9

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

Question # 10

One of the following is not a necessary characteristics of UDCs

Question # 11

Economic growth rate of a country is determined by the

Question # 12

The natural rate of unemployment is generally thought of as the

Question # 13

Unlimited supply of labor means in developing countries that part of man power which even if is withdrawn from the process of production there will be no fallen output is the theory of.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 # 14

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

Question # 15

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

Question # 16

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

Question # 17

According to Nurkse a balance growth a ncessary to.

Question # 18

The concept of unbaled growth and balance growth are.

Question # 19

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

Question # 20

The developing countries need to have a big push or big comprehensive package for economic development is the view of.

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 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.
2 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
3 In Kaldor model saving income ratio in the growth process is considered.
A. Constant
B. Positive
C. Variable
D. Negative
4 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
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 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 Which of the following is not viewed by the text as a major political obstacle to development.
A. Growth oriented polices may damage the short term interest of influential groups
B. Civil war
C. Corruption
D. Departing from strict laissez faire principles
8 For the economic growth of country following is required.
A. Capital formation
B. Human resources
C. Natural resources
D. All of these
9 The Human Development index is based on.
A. Income per capita human capita economic vulnerability
B. Income per capita, life expectancy education
C. Income per capita child mortality rates education.
D. Income per capita life expectancy economic vulnerability
10 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

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