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

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PPSC Economics Topic 8 Development Economics

00:00
Question # 1

Following is the major source for a country to meet the deficiency of capital

Question # 2

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

Question # 3

Which of the following is NOT characteristics of underdeveloped nations.

Question # 4

What characteristics is likely to increase population grotwth.

Question # 5

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

Question # 6

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

Question # 7

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

Question # 8

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

Question # 9

According to solo growth model capital and labor are.

Question # 10

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

Question # 11

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

Question # 12

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

Question # 13

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

Question # 14

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 # 15

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

Question # 16

One of the following is not a necessary characteristics of UDCs

Question # 17

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

Question # 18

Economic growth rate of a country is determined by the

Question # 19

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

Question # 20

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

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 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
2 According to the .A.H Hasen the capitalistic economy is basically characterized with
A. Instability
B. Stability
C. Inefficiency
D. Efficiency
3 Economic growth rate of a country is determined by the
A. Capital formation rate
B. Employment rate
C. Saving rate
D. Investment rate
4 Which of the following is not an element of the redistribution with growth policy approach.
A. Minimum wage legislation
B. Land refrom
C. Progressive taxation
D. Increased access to education
5 According to M.P Todaro model of ruler -urban migraton the migrationis assumed to be a.
A. Social phenomenon
B. Cultural phenomenon
C. Uneconomic phenomenon
D. Economic phenomenon
6 Economic development in UDCs is not possible without.
A. Foreign aid
B. Capital formation
C. Natural resources
D. Domestic saving
7 in UDCs a potential resource of saving is
A. Structural unemployment
B. Over employment
C. Domestic saving
D. Disguised unemployment
8 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.
9 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
10 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.

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