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

00:00
Question # 1

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

Question # 2

Hirschman along with other ebonists consider that for economic development.

Question # 3

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

Question # 4

Economic growth rate of a country is determined by the

Question # 5

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

Question # 6

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

Question # 7

For the economic growth of country following is required.

Question # 8

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

Question # 9

Which of the following is NOT characteristics of underdeveloped nations.

Question # 10

Economic development in UDCs is not possible without.

Question # 11

According to the balances growth theory

Question # 12

According to solo growth model capital and labor are.

Question # 13

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

Question # 14

What characteristics is likely to increase population grotwth.

Question # 15

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

Question # 16

The largest lenders to less developed countries are

Question # 17

What explains Solow's surprise.

Question # 18

The fall in the birth ratio will affect the process of economic growth according to

Question # 19

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

Question # 20

Which of the following is not viewed by the text as a major political obstacle to development.

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 According to Nurkse a balance growth a ncessary to.
A. Develop resources
B. Develop capital
C. Break vicious circle of poverty
D. Develop infrastructure.
2 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
3 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
4 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
5 In the Harrod - Domar equation g = s/v , v is defined as.
A. the value of the country a capital stock
B. The ratio of the country's capital stock to its output.
C. The change in the country's capital stock
D. None of the above
6 What explains Solow's surprise.
A. Diminishing returns to capital
B. Insufficient assistance to developing countries
C. Weak institutions
D. low labor productivity
7 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
8 According to the .A.H Hasen the capitalistic economy is basically characterized with
A. Instability
B. Stability
C. Inefficiency
D. Efficiency
9 Historically countries at early stages of rapid economics development have tended to experience.
A. Trade deficits and an excess of investment over domestic saving.
B. Trade surpluses and an excess of investment over domestic saving
C. Trade deficits and an increase of domestic saving over investment.
D. Trade surpluses and an excess of domestic saving over investment.
10 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

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