Growth and Development-Online Practice Exam 11
Notes
Growth and Development-Online Practice Exam 11
Notes

Growth and Development-Online Practice Exam 11

NET / SET Online Practice Exams

Test

Multi-choice 11

Question

1. An economy will face depression if the—

Answers

Warranted rate of growth is higher than the actual rate of growth

Actual rate of growth is higher than the warranted rate of growth

Natural rate of growth is higher than the actual rate of growth

Actual rate of growth is higher than the natural rate growth

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Question

2. The condition of steady growth, in terms of rate of growth, in the Harrod growth model is—

Answers

Warranted growth rate = Natural growth rate

Actual growth rate = Natural grown rate

Actual growth rate = “Take off’ growth rate

Actual growth rate = Warranted growth rate

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Question

3. According to the Hicksion theory, growth is checked when-

Answers

Rate of growth of actual output exceeds rate of growth of ceiling output

Rate of growth of actual output is less than the rate of growth of ceiling output

Rate of growth of actual output is equal to the rate of growth of ceiling output

None of the above

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Question

4.  According to Colin Clark the third and final stage of development is characterised by the predominance of-

Answers

Exports sector

Agriculture sector

Manufacturing sector

Services sector

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Question

5. With economic growth the share of the secondary sector in National Product-

Answers

Does not necessarily rise

Rises

Falls

Remains constant

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Question

6. The idea of a ‘Big Push’ is associated with which of the following theories ?

Answers

Economic development with unlimited supply of labour

Theory of Unbalanced growth

Theory of Balanced growth

None of the above

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Question

7. Accumulation of capital involves–

Answers

Increase in real saving

Mobilisation of saving

Investment of saving

All of the above

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Question

8. Boeke, the originator of the theory of Sociological Dualism was-

Answers

An American Civil Servant

An English Civil Servant

A Dutch Civil Servant

A French Civil Servant

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Question

9.  Crop intensity and productivity are critically dependent on-

Answers

Irrigation

Tenancy reforms

Crop loans

Remunerative price for agriculture produces

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Question

10. Consider the list I and II choose the correct code given below:

List (Country) List (Percentage of Urban population)
a) Brazil 1. 82%
b) China 2. 86%
c) Indonesia 3. 54%
d) South Korea 4. 56%

Answers

a)-2, b)-4, c)-1, d)-3

a)-1, b)-3, c)-4, d)-2

a)-2, b)-4, c)-3, d)-1

a)-1, b)-4, c)-3, d)-2

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Prepared by www.myeconomics.info

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