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

According to Nurkse a balance growth a ncessary to.

Question # 2

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

Question # 3

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

Question # 4

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

Question # 5

Which of the following could be a reason for the problem of lack of jobs being overestimated.

Question # 6

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

Question # 7

Economic development in UDCs is not possible without.

Question # 8

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

Question # 9

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

Question # 10

The Schumpeterian growth model is based upon

Question # 11

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

Question # 12

in UDCs a potential resource of saving is

Question # 13

The natural rate of unemployment is generally thought of as the

Question # 14

What characteristics is likely to increase population grotwth.

Question # 15

Which of the following is NOT characteristics of underdeveloped nations.

Question # 16

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

Question # 17

Theories of surplus labor describe that

Question # 18

The theory of Ruler -urben migraines presented by.

Question # 19

According to solo growth model capital and labor are.

Question # 20

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.

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 Rule of innovation in economic growth is very important according to.
A. Adam smith
B. Richardo
C. Schumpter
D. Rostow
2 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
3 The Harrod -Domar models are based on the restrictive assumption of.
A. Increasing saving income ratio
B. Decreasing saving income ratio
C. Low saving income ratio
D. Constant saving income ratio
4 The economic growth model of Ricardo based on.
A. Capital formation
B. Diminishing retune
C. Capital output ratio
D. None of these
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 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
7 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.
8 The theory of Ruler -urben migraines presented by.
A. W.W. Roslow
B. M.P.Todaro
C. Simon Kuznets
D. Nukse
9 More trade and more and is the demand made by the
A. Developing countries
B. Developed countries
C. More developed countries
D. Non developing countries
10 In Kaldor model saving income ratio in the growth process is considered.
A. Constant
B. Positive
C. Variable
D. Negative

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