Q. Complementarityof demand is called
✅ Correct Answer: (B)
indivisibility of demand
Growth and Development MCQs and Notes
Q. Lumpinessof capital, especially in the creation of social overhead capital is called
✅ Correct Answer: (A)
indivisibilities in the production function
Q. Balanced growth implies:
✅ Correct Answer: (C)
different sectors growing at their natural rates of growth
Q. Who distinguishes three kinds of indivisibilities and externalities with a view to specify the areas where big push needs to be applied?
✅ Correct Answer: (A)
nelson
Q. Which of the following is not correctly matched?
✅ Correct Answer: (C)
development with unlimited supplies of labour: a-0. hirschman
Q. Zero-Sum incentives and Positive Sum incentives are introduced by
✅ Correct Answer: (B)
harvey leibenstein
Q. Those incentives which result in expansion of national income is called
✅ Correct Answer: (B)
positive sum incentives
Q. Those incentives which do not increase national income, but they bring a change in the distribution of income is called
✅ Correct Answer: (A)
zero-sum incentives
Q. 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?
✅ Correct Answer: (B)
harvey leibenstein
Q. The theory of Low-Level Equilibrium Trap has been developed by
✅ Correct Answer: (D)
r.r. nelson