development theories and under development MCQs – Page 5

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

development theories and under development Mcqs
81. According to Ricrdo rise of wages presupposes:
comments icon0

A. Capital accumulation

B. Centralisation of authority

C. Higher rents

D. More population

84. A short term development:
comments icon0

A. Is development if there is increase in aggregate output

B. Constitutes development provided there is steep rise in the living standard

C. None of the above

D. Does not constitute development
85. The classical economicts opposed government interference because:
comments icon0

A. It appropriated a part of purposes

B. It encouraged overpopulation

C. It subsidized the poor

D. On account of all the above reasons

E. It keeps prices of food high by levying high tariffs

86. Which one of the following has been wrongly listed as a feature of model of development offered by neo-classical thinkers?
comments icon0

A. The process of development has harmonious and cumulative nature

B. Development is a gradual and continuous process

C. None of the above

D. They are quite optimistic about the possibilities of continued economic progress

87. Jacob Vinar in his underdevellpment theory has laid stress on: __________?
comments icon0

A. International trade

B. Per capita income

C. Growth rate

D. Rate of production

89. Malthus built his theory of development round:
comments icon0

A. Capital

B. Rent

C. Population

D. Land

E. Value

90. According to Schumpeter the entrepreneurs contribute to development by: ____________?
comments icon0
A. Bringing about changes in the tastes of consumers

B. Providing the existing goods at the lowest price

C. All the above actions

D. Quickly catering to the tastes of the consumers

91. In economic development Marx had laid maximum stress on: ___________?
comments icon0
A. Technological advancement

B. Decentralisation of power

C. Trade unionism

D. Lower payment of wages

E. Capital formation

92. According to the classical theory of development, the development of a country depends on: ___________?
comments icon0

A. Technology and capital

B. Labour and technology

C. Labour, capital and technology

D. Land, labour and capital
93. Marx has explained his theory or development with the help of: __________?
comments icon0

A. Dialectical materialism

B. Proletariat revolution

C. Classless society

D. Theory of surplus value

E. Class struggle

94. Schumpeter is associated with: _____________?
comments icon0

A. Neo-classical theory of development

B. Theory of entrepreneur

C. Narxian theory of development

D. None of the above theories

95. According to G. A. Almond political development should be linked with: __________?
comments icon0

A. Political stability

B. Democracy

C. Level of absolute power

D. Political mobilisation

97. Marxian theory of development was essential:
comments icon0

A. A political theory

B. An economic theory

C. A blend of socio-economic and political factors

D. A socio-economic theory

99. The entrepreneurs undertake new development activities :
comments icon0

A. By investing their savings

B. By securing credit from the banks

C. By securing grants from the government

D. By roping in rich capitalists