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

According to the balances growth theory

Question # 2

Unlimited supply of labor means in developing countries that part of man power which even if is withdrawn from the process of production there will be no fallen output is the theory of.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 # 3

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

Question # 4

The concept of unbaled growth and balance growth are.

Question # 5

For the economic growth of country following is required.

Question # 6

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 # 7

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

Question # 8

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

Question # 9

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

Question # 10

Economic growth rate of a country is determined by the

Question # 11

One of the following is not a necessary characteristics of UDCs

Question # 12

What characteristics is likely to increase population grotwth.

Question # 13

The theory of Ruler -urben migraines presented by.

Question # 14

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

Question # 15

According to the .A.H Hasen the capitalistic economy is basically characterized with

Question # 16

Theories of surplus labor describe that

Question # 17

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

Question # 18

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

Question # 19

If for the output of worth 1 million the stock of capital worth 4 million is required this will be.

Question # 20

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

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 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
2 The theory of Ruler -urben migraines presented by.
A. W.W. Roslow
B. M.P.Todaro
C. Simon Kuznets
D. Nukse
3 in UDCs a potential resource of saving is
A. Structural unemployment
B. Over employment
C. Domestic saving
D. Disguised unemployment
4 Division of labor is made according to the size of market is the view of
A. M.P.Todaro
B. Leibstein
C. Rostow
D.
Adam smith
5 According to M.P Todaro model of ruler -urban migraton the migrationis assumed to be a.
A. Social phenomenon
B. Cultural phenomenon
C. Uneconomic phenomenon
D. Economic phenomenon
6 Economic development can be achieve through stages, is the theory of.
A. Rosenstein Rodan
B. Leibstein
C. W.W. Rostow
D. M.P. Todaro
7 The Lorenz curve is used to show relative in equality in the distribution of.
A. Wages
B. Income
C. Wealth
D. Profit
8 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
9 Small size of market is the primary cause of under development according to.
A. Balance growth theory
B. Unbalance growth theory.
C. Big push theory
D. Dualistic theories
10 According to Nurkse a balance growth a ncessary to.
A. Develop resources
B. Develop capital
C. Break vicious circle of poverty
D. Develop infrastructure.

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