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

The hidden momentum of population growth is caused by

Question # 2

The theory of Ruler -urben migraines presented by.

Question # 3

Economic development in UDCs is not possible without.

Question # 4

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

Question # 5

The Schumpeterian growth model is based upon

Question # 6

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

Question # 7

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

Question # 8

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

Question # 9

Economic growth rate of a country is determined by the

Question # 10

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 # 11

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 # 12

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

Question # 13

What characteristics is likely to increase population grotwth.

Question # 14

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

Question # 15

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

Question # 16

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

Question # 17

What explains Solow's surprise.

Question # 18

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

Question # 19

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

Question # 20

Which of the following is NOT characteristics of underdeveloped nations.

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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 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
3 The theory of Ruler -urben migraines presented by.
A. W.W. Roslow
B. M.P.Todaro
C. Simon Kuznets
D. Nukse
4 The Human Development index is based on.
A. Income per capita human capita economic vulnerability
B. Income per capita, life expectancy education
C. Income per capita child mortality rates education.
D. Income per capita life expectancy economic vulnerability
5 The conjecture that inequality first increases with development then decreases with further development has been
A. Strongly supported by most studies
B. Supported mainly by cross section not time series studies.
C. Supported mainly by time sereis not cross section studies
D. Generally repudiated by empirical studies.
6 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
7 The fall in the birth ratio will affect the process of economic growth according to
A. Schumpeter
B. A.H.Nansen
C. Karl Marix
D. M.P. Todaro
8 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
9 The largest lenders to less developed countries are
A. Western government
B. Multi lateral agencies
C. Private banks
D. Invidia investors who purchase government bonds
10 What explains Solow's surprise.
A. Diminishing returns to capital
B. Insufficient assistance to developing countries
C. Weak institutions
D. low labor productivity

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