Question 1

Those incentives which result in expansion of national income is called

Accepted Answer

A) zero-sum incentives 
B) positive sum incentives 
C) negative incentives 
D) none of the above B

Question 2

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

Accepted Answer

A) organised money market 
B) unorganised money market 
C) organised capital market 
D) un organised capital market B

Question 3

Which of the following about strategy of balanced growth is right?

Accepted Answer

A) simultaneous investment in all sectors 
B) all sectors are independent. 
C) both A and B 
D) none of the above A

Question 4

Which of the following about strategy of unbalanced growth is right?

Accepted Answer

A) deliberate imbalance in favour of some sectors 
B) simultaneous investment in all sectors 
C) both A and B 
D) none of the above

Question 5

Which of the following is not correctly matched?

Accepted Answer

A) big-push strategy: paul n. rosenstein- rodan 
B) balanced growth theory: r. nurkse 
C) development with unlimited supplies of labour: a-0. hirschman 
D) critical minimum strategy: prof. harvey leibenstein

Question 6

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

Accepted Answer

A) zero-sum incentives 
B) positive sum incentives 
C) negative incentives 
D) none of the above

Question 7

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

Accepted Answer

A) organised money market 
B) unorganised money market 
C) organised capital market 
D) un organised capital market

Question 8

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

Accepted Answer

A) indivisibilities in the production function 
B) indivisibility of demand 
C) indivisibility of savings 
D) indivisibility of investment

Question 9

Circular cumulative causation theory is developed by Swedish economist

Accepted Answer

A) gunnar myrdal 
B) prof. boeke 
C) prof. myint 
D) a.o. hirshman

Question 10

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

Accepted Answer

A) organised money market 
B) unorganised money market 
C) organised capital market 
D) un organised capital market

Question 11

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?

Accepted Answer

A) nelson 
B) harvey leibenstein 
C) hirschman 
D) rosenstein-rodan

Question 12

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

Accepted Answer

A) nelson 
B) harvey leibenstein 
C) hirschman 
D) rosenstein-rodan

Question 13

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

Accepted Answer

A) gunnar myrdal 
B) prof. boeke 
C) prof. myint 
D) a.o. hirshman

Question 14

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

Accepted Answer

A) financial exclusion 
B) financial dualism 
C) financial institution 
D) financial inclusion

Question 15

Balanced growth implies:

Accepted Answer

A) simultaneous development of a variety of activities, which support one another 
B) equal allocation of resources to different sectors 
C) different sectors growing at their natural rates of growth 
D) uniform rate of growth of output over time

Question 16

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

Accepted Answer

A) organised money market 
B) unorganised money market 
C) organised capital market 
D) un organised capital market

Question 17

Zero-Sum incentives and Positive Sum incentives are introduced by

Accepted Answer

A) nelson 
B) harvey leibenstein 
C) hirschman 
D) rosenstein-rodan

Question 18

Complementarityof demand is called

Accepted Answer

A) indivisibilities in the production function 
B) indivisibility of demand 
C) indivisibility of savings 
D) indivisibility of investment

Question 19

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

Accepted Answer

A) gunnar myrdal 
B) prof. boeke 
C) prof. myint 
D) r.r. nelson

Exam 4: Characteristics, Theories, and Strategies in Economic Development

Those incentives which result in expansion of national income is called

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

Which of the following about strategy of balanced growth is right?

Which of the following about strategy of unbalanced growth is right?

Which of the following is not correctly matched?

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

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

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

Circular cumulative causation theory is developed by Swedish economist

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

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?

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

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

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

Balanced growth implies:

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

Zero-Sum incentives and Positive Sum incentives are introduced by

Complementarityof demand is called

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