PPSC FPSC Lecturer Economics Online Test 37 Solved MCQs

Leave a Comment / By Hassan / July 2, 2021

Given below on this Website Online Free Taleem is free online MCQ’s test related to PPSC of Lecturer Economics. All the individuals who are going to appear in PPSC Lecturer of Economics written test can attempt these tests in order to prepare for it in best possible way. Our tests include all the important questions MCQs of Lecturer of PPSC Economics, all Past Papers of Lecturer of Economics PPSC that have extremely high amount of chances for been included in the actual exam which make our test undoubtedly the best source of preparation.

Note:-

There will be 25 multiple choice question in the test.
Answer of the questions will change randomly each time you start this test.
Practice this test at least 5 times if you want to secure High Marks.
At the End of the Test you can see your Test score and Rating.
If you found any incorrect answer in Quiz. Simply click on the quiz title and comment below on that MCQ. So that I can update the incorrect answer on time.

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Test Instructions:-
Test Name	Lecturer Economics
Subject	Economics Test 37
Test Type	MCQs
Total Questions	25
Total Time	20 Minutes
Total Marks	100

You have 20 minutes to pass to the quiz.

PPSC LECTURER OF ECONOMICS ONLINE PRACTICE TEST NO. 37

1 / 25

Which is not a characteristic of underdeveloped countries?

low educational levels

low per capita income

low growth rate of GDP

low population growth rate

2 / 25

Perspective planning refers to:

annual planning

indicative planning

structural planning

long-term planning

3 / 25

A strategy of heavy industry is sometimes preferred for a developing economy because it can:

generate employment opportunities on a large scale

contain inflationary pressure

provide a strong base for rapid industrialization

meet deficits in balance of payments in the short-run

4 / 25

Rate of economic development will fall if:

government enterprises are privatized

export increases

smaller % of national income is invested

banks increase loans

5 / 25

The 'big push' strategy of development was first advocated by:

A.O. Hirshman

Paul N-Rosenstein-Rodan

Simon Kuznets

W.A. Lewis

6 / 25

We can increase rate of economic growth in Pakistan if we increase:

population

investment

taxes

imports

7 / 25

Pakistan's income is low because:

low saving rate

both a and c

lack of natural resources

fast growing population

8 / 25

The stationary state according to Malthus and Ricardo, is characterized by:

net investment falling to zero

the disappearance of profits

wages coinciding with the subsistence level

all of them

9 / 25

In which year, two authors of Harrod-Domar model wrote earlier?

1940

1946

1939

1948

10 / 25

To achieve full economic growth, Malthus laid special emphasis on the proper combination of:

production and trade

natural resources and capital

labor and technology

production and distribution

11 / 25

Which of the following is not a part of the classical theory of economic development?

government interference

labor supply would increase with rise in wages

capital accumulation is the basic cause of growth

stationary state

12 / 25

Which of the following had the approval of the classical economists (particularly J.S. Mill) as an aid to development?

subsidizing the poor

appropriating a part of the national product by the government for unproductive uses

regulation of activities of the rising business class

imposition of temporary duties on imports to develop particular industries

13 / 25

Pakistan started its first five year plan in:

1960

1955

1947

1950

14 / 25

J.F. Meade pointed out three principles means of growth. Which of the following is not on the list?

devaluation

growth of working population

capital accumulation

technical progress

15 / 25

When economic development takes place:

population increases

capital stock increases

Both of the above

16 / 25

What according to Malthus puts a stop to the growth process?

operation of diminishing returns in agriculture

deficiency in effective demand

rapid population growth

inadequacy of capital accumulation

17 / 25

According to R. Nurkse, the inducement to invest in the context of an underdeveloped economy is limited mainly by the:

lack of investment opportunities

size of the market

low productivity of labor

lack of savings

18 / 25

Contribution of agriculture in Pakistan's national income is:

51%

31%

21%

41%

19 / 25

With economic growth, the proportion of labor-force engaged in agriculture:

changes in an uncertain manner

remains unaffected

increases

decreases

20 / 25

The justification of the 'big push' strategy, which involved concentrated efforts in the form of investments on a large scale, is based on:

complimentary of demand

indivisibilities of demand

skill formulation

all of them

21 / 25

If the capital-output ratio is 4:1 and the annual growth rate of population is 2.5%, what will be required rate of investment in the economy in order to achieve 3% growth per annum in per capita income?

15%

12%

20%

30%

22 / 25

There are obstacles to rapid economic development of Pakistan:

political

all of them

social

cultural

23 / 25

It is a measure of economic development:

increase in personal incomes

increase in national and per capita income

both a and c

increase in working population

24 / 25

Who coined the phrase 'demonstration effect'?

J.K. Galbraith

R. Nurkse

W.W. Rostow

James Duesenberry

25 / 25

Marx attributed the capitalist crisis to:

high rate of wages

falling rate of profit

inflationary pressure

exploitation of workers

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