PPSC FPSC Lecturer Economics Online Test 37 Solved MCQs

Leave a Comment / By Hassan / July 2, 2021 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.

Please Click Below START Button to Take this Lecturer Economics Test Online.

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

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

remains unaffected

changes in an uncertain manner

increases

decreases

2 / 25

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

provide a strong base for rapid industrialization

meet deficits in balance of payments in the short-run

generate employment opportunities on a large scale

contain inflationary pressure

3 / 25

Rate of economic development will fall if:

smaller % of national income is invested

banks increase loans

export increases

government enterprises are privatized

4 / 25

Perspective planning refers to:

annual planning

structural planning

indicative planning

long-term planning

5 / 25

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

population

taxes

imports

investment

6 / 25

Pakistan started its first five year plan in:

1955

1960

1947

1950

7 / 25

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

subsidizing the poor

imposition of temporary duties on imports to develop particular industries

regulation of activities of the rising business class

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

8 / 25

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

stationary state

capital accumulation is the basic cause of growth

labor supply would increase with rise in wages

government interference

9 / 25

There are obstacles to rapid economic development of Pakistan:

social

political

cultural

all of them

10 / 25

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

devaluation

capital accumulation

growth of working population

technical progress

11 / 25

Pakistan's income is low because:

low saving rate

lack of natural resources

fast growing population

both a and c

12 / 25

It is a measure of economic development:

both a and c

increase in personal incomes

increase in working population

increase in national and per capita income

13 / 25

Contribution of agriculture in Pakistan's national income is:

51%

41%

21%

31%

14 / 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

lack of savings

size of the market

low productivity of labor

15 / 25

Which is not a characteristic of underdeveloped countries?

low growth rate of GDP

low population growth rate

low per capita income

low educational levels

16 / 25

Marx attributed the capitalist crisis to:

exploitation of workers

falling rate of profit

high rate of wages

inflationary pressure

17 / 25

Who coined the phrase 'demonstration effect'?

R. Nurkse

W.W. Rostow

J.K. Galbraith

James Duesenberry

18 / 25

When economic development takes place:

Both of the above

capital stock increases

population increases

19 / 25

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

A.O. Hirshman

Simon Kuznets

W.A. Lewis

Paul N-Rosenstein-Rodan

20 / 25

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

natural resources and capital

production and trade

production and distribution

labor and technology

21 / 25

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

1939

1946

1940

1948

22 / 25

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

indivisibilities of demand

complimentary of demand

skill formulation

all of them

23 / 25

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

inadequacy of capital accumulation

rapid population growth

deficiency in effective demand

operation of diminishing returns in agriculture

24 / 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?

30%

15%

20%

12%

25 / 25

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

wages coinciding with the subsistence level

the disappearance of profits

all of them

net investment falling to zero

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