πŸ“Š Growth and Development
Q. Development of one leading sector is a feature of Rostow’s stage of growth of
  • (A) the traditional society
  • (B) pre-conditions for take off
  • (C) the take off stage
  • (D) drive to maturity
πŸ’¬ Discuss
βœ… Correct Answer: (C) the take off stage
πŸ“Š Growth and Development
Q. Dualism and dichotomies in geography do not include
  • (A) general geography versus regional geography
  • (B) physical geography versus human geography
  • (C) quantitative versus behavioural geography
  • (D) hard geography versus soft geography
πŸ’¬ Discuss
βœ… Correct Answer: (D) hard geography versus soft geography
πŸ“Š Growth and Development
Q. The assumptions of Technological dualism not include
  • (A) there are two sectors of the economy
  • (B) there are two factors of production
  • (C) two commodities are produced
  • (D) there are two modes of production
πŸ’¬ Discuss
βœ… Correct Answer: (D) there are two modes of production
πŸ“Š Growth and Development
Q. The prior savings approach is based on classical economics which emphasizes that prior saving determines
  • (A) investment
  • (B) income
  • (C) consumption
  • (D) inflation rate
πŸ’¬ Discuss
βœ… Correct Answer: (A) investment
πŸ“Š Growth and Development
Q. The extension of Harrod-Domar model was made by adding the term for foreign trade balance as per cent of
  • (A) investment
  • (B) national income
  • (C) export
  • (D) import
πŸ’¬ Discuss
βœ… Correct Answer: (B) national income
πŸ“Š Growth and Development
Q. In the Keynesian model, investment is not constrained by prior savings but by ------------ acceptable to the workers.
  • (A) investment
  • (B) income
  • (C) consumption
  • (D) inflation rate
πŸ’¬ Discuss
βœ… Correct Answer: (D) inflation rate
πŸ“Š Growth and Development
Q. The Prior Saving Theory regards saving as a prerequisite of --------
  • (A) investment
  • (B) income
  • (C) consumption
  • (D) inflation rate
πŸ’¬ Discuss
βœ… Correct Answer: (A) investment
πŸ“Š Growth and Development
Q. The characteristics of Rostow’s Traditional society include
  • (A) enlarged production function
  • (B) employment in agriculture
  • (C) social mobility
  • (D) political power
πŸ’¬ Discuss
βœ… Correct Answer: (A) enlarged production function
πŸ“Š Growth and Development
Q. Harrod-Domar model of growth is based on the concepts of and their equality
  • (A) population and productivity growth.
  • (B) investment and average growth rate of income.
  • (C) actual, warranted and natural growth rate
  • (D) productivity growth and investment growth
πŸ’¬ Discuss
βœ… Correct Answer: (C) actual, warranted and natural growth rate
πŸ“Š Growth and Development
Q. In dual gap model, the gap can be filled up by
  • (A) raising the level of saving
  • (B) export promotion
  • (C) steady rate of growth
  • (D) foreign aid
πŸ’¬ Discuss
βœ… Correct Answer: (D) foreign aid