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

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

Question # 2

Economic growth rate of a country is determined by the

Question # 3

For the economic growth of country following is required.

Question # 4

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

Question # 5

In developing countries the co existence of modern and tadeonal method of production in urban and ruler sector is called.

Question # 6

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

Question # 7

What explains Solow's surprise.

Question # 8

The Schumpeterian growth model is based upon

Question # 9

Rule of innovation in economic growth is very important according to.

Question # 10

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

Question # 11

According to solo growth model capital and labor are.

Question # 12

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

Question # 13

One of the following is not a necessary characteristics of UDCs

Question # 14

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

Question # 15

Hirschman along with other ebonists consider that for economic development.

Question # 16

The Lorenz curve is used to show relative in equality in the distribution of.

Question # 17

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

Question # 18

The concept of unbaled growth and balance growth are.

Question # 19

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.

Question # 20

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

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 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
2 For the economic growth of country following is required.
A. Capital formation
B. Human resources
C. Natural resources
D. All of these
3 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
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 solo growth model capital and labor are.
A. Not substitution of each other
B. Substation of each other
C. Substation in a way
D. All of these
6 One of the following is not a necessary characteristics of UDCs
A. Low saving ratio
B. Low capital formation
C. Disguised unemployment
D. Insufficient human resources.
7 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
8 The Lorenz curve is used to show relative in equality in the distribution of.
A. Wages
B. Income
C. Wealth
D. Profit
9 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.
A. Fei Rani
B. M.PP. Todaro
C. Lewis
D. Leibstein
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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