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Growth and Development MCQs: 79 Questions & Answers in Faculty

79 Growth and Development MCQs in Faculty with answers & explanations. Practice objective questions for competitive exams, interviews & self-assessment — fre… Use the answer toggle below to show or hide all solutions, tap an option to check one question, or open a question for its own page.

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Growth and Development MCQs: 79 Questions & Answers in Faculty

Complementarityof demand is called

Lumpinessof capital, especially in the creation of social overhead capital is called

Balanced growth implies:

Who distinguishes three kinds of indivisibilities and externalities with a view to specify the areas where big push needs to be applied?

Which of the following is not correctly matched?

Zero-Sum incentives and Positive Sum incentives are introduced by

Those incentives which result in expansion of national income is called

Those incentives which do not increase national income, but they bring a change in the distribution of income is called

Who put forward the view that UDCs are characterized by vicious circle of poverty which keeps them around a low-income per capita equilibrium state?

The theory of Low-Level Equilibrium Trap has been developed by

The growth in progressive regions affects the growth in lagging regions through Spread effects and Backwash effects is the analysis put forward by

Circular cumulative causation theory is developed by Swedish economist

The coexistence of organised and unorganised money market in the LDCs is called

Utmost secrecy in maintaining accounts and lending procedures is the characteristics of

Defective system of maintaining accounts at receipts are not issued for interest charged and the principal repaid is the characteristics of

Multiplicity of interest rates at the interest rate varying with the need of the borrower, the amount of loan, the time for which it is needed, and the nature of security is the characteristics of

Multiplicity of lending activities, i.e., combining moneylending with other economic activities such as trading is the characteristics of

Flexibility in loan transactions is the characteristics of

Informality in dealing with borrowers by the moneylenders is the characteristics of

Personal touch between the moneylenders and borrowers is the characteristics of

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