development theories and under development MCQs – Page 2

Practise focused development theories and under development questions with marked answers for exam preparation and subject revision.

development theories and under development Mcqs
21. According to Malthus high wages:
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A. Retard fast growth of population

B. Discourage growth rate of population

C. Help maintaining status quo in population growth

D. Promote fast growth of population
22. Theory of Economic Maturity regarding development is associated with: ____________?
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A. Alvin Hansen

B. All the above

C. Schumpeter

D. Keynes

23. According to classical thinkers which one was not a measuring yard for development:
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A. Labour

B. Education

C. Capital

D. Land

24. The chief defect of the neo-Classical theory of development is: __________?
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A. It refused to consider development as a gradual and continuous process

B. It attaches too much importance to factors like political stability and attitude of the people

C. It completely ignores the importance of interest as a factor in establishing equilibrium between supply of savings and demand for capital

D. It completely ignores factors like political stability and attitudes of people
25. The classical thinkers envisaged development:
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A. Without interference by the government

B. Though the combination of all the above methods

C. Under the guidance of the government

D. With the assistance of the government

26. The capital accumulation which according to Marx, contributes to development is rendered possible by:
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A. Reduction of wages

B. Technological improvement

C. Increase in working hours

D. None of the above

27. According to Nettle political development could be properly studied with the help of: __________?
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A. Industrialisation

B. Disciplinary approach

C. Inter-disciplinary approach

D. Political processes

28. Which one of the following has been wrongly listed as a defect of Schumpeters theory?
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A. He wrongly asserts that capitalism is crumbling and socialism is likely to replace it

B. His theory is defective in so far as it tries to present the spirit of enterprise as a phenomenon common to all social organisations

C. His assumption that all innovations are financed by borrowings is not correct because banks generally provide only short-term loans

D. None of the above
29. Which one of the following is not valid criticism against classical theorists of political development?
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A. They overestimated technological progress

B. They underestimated technological progress

C. They wrongly assumed that per capita income rests diminishing returns

D. None of the above

E. They failed to analyse problems of aggregate demands

30. The new-classical writers believed that economic development benefits:
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A. None of the above

B. Only the capitalists

C. All the major income groups

D. Only the workers

31. According to Marx capital accumulation depended on: ___________?
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A. International trade

B. Industrialisation

C. Surplus valuation

D. Increasing population

32. The neo-classical thinkers about development believe that existing social order:
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A. Should be modified to certain extent

B. Should be destroyed

C. Should be preserved

D. Was not conducive for the utilisation of existing resources

33. Which one of the following criticism levelled against the classical theory of development is not correct?
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A. It underestimated the possibility of technological progress

B. None of the above

C. It attached too much importance to the role of technology in development

D. It failed to adequately analyze the problem of maintaining aggregate demand

34. Which one of the following features has been wrongly listed as one of the ingredient of Marxian theory of development?
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A. Theory of surplus value

B. Class-struggle

C. None of the above

D. Centralisation of capital

35. Which one of the following is not true criticism against Marxian theory of development?
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A. None of the above

B. Marx has rightly pin-pointed the effects of technological unemployment

C. Marx analysis of theory of wages is inadequate

D. It is wrong that capitalist keeps some workers permanently unemployed

36. The neo-classiest in their development theory have laid stress on: _________?
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A. Capital formation

B. Dialectical materialism

C. Rate of interest

D. Proletariat revolution

E. Surplus value

37. The most elaborate exposition of classical theory of development was offered by: ________?
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A. J.S. Mill

B. Adam Smith

C. Malthus

D. Ricardo
38. Non-classical theory of development became necessary:
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A. Due to technological and resource discoveries of the nineteenth century

B. Due to fear of revolution created by the preachings Marx

C. Due to all the above reasons

D. Deu to fast deteriorating condition of the workers in Europe

39. According to Adam Smith the wage rtes fall to the subsistence level:
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A. Under stationary conditions

B. During periods of capital accumulation

C. Under both the above stated conditions

D. Under none of the above stated conditions

40. J.S. Colesmans name is associated with one of the following about political development:
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A. It should be linked with political stability

B. It should be linked with legal system

C. It should be linked with bureaucracy

D. It should be linked with level of absolute power

E. It should be linked with industrialisation