PPSC Economics Topic 8 MCQS Test Preparation

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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 Human Development index is based on.

Question # 2

Which of the following is NOT characteristics of underdeveloped nations.

Question # 3

For the economic growth of country following is required.

Question # 4

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

Question # 5

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

Question # 6

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

Question # 7

Due to indivisibilities in demand and infrastructure economic development can be achieved.

Question # 8

The theory of Ruler -urben migraines presented by.

Question # 9

The hidden momentum of population growth is caused by

Question # 10

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

Question # 11

One of the following is not a necessary characteristics of UDCs

Question # 12

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

Question # 13

The economic growth model of Ricardo based on.

Question # 14

Unlimited supply of labor means in developing countries that part of man power which even if is withdrawn from the process of production there will be no fallen output is the theory of.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 # 15

More trade and more and is the demand made by the

Question # 16

Theories of surplus labor describe that

Question # 17

Economic development in UDCs is not possible without.

Question # 18

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

Question # 19

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 # 20

What explains Solow's surprise.

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 An Invention is set to be neutral when it raises the marginal productivities of labor and capital in the same proportion is said by
A. Rostow
B. Todoro
C. Solow
D. Haicks
2 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.
3 According to the .A.H Hasen the capitalistic economy is basically characterized with
A. Instability
B. Stability
C. Inefficiency
D. Efficiency
4 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
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 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.
A. Vicious circle of poverty
B. Low capital formation
C. Low development
D. disguised unemployment
7 The natural rate of unemployment is generally thought of as the
A. Ratio of the frictional unemployment rate to the cyclical unemployment rate.
B. Sum of fictional unemployment and cyclical unemployment.
C. Sum of frictional unemployment and structural unemployment.
D. sum of structural unemployment and cyclical unemployment.
8 Following is the major source for a country to meet the deficiency of capital
A. Domestic saving
B. Foreign aid
C. Domestic barrowing
D. All of these
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 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

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