This quiz works best with JavaScript enabled. Home > Economics > Development Economics > Development Economics – Quiz 2 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Development Economics Quiz 2 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. According to World Bank (2015), climate change will likely have the strongest ..... impacts on the world's poorest nations and regions. A) None. B) Positive. C) Negative. D) None of above. Show Answer Correct Answer: C) Negative. 2. What is India's rank in HDR 2020 A) 10. B) 59. C) 151. D) 131. Show Answer Correct Answer: D) 131. 3. Big push means A) Bit by bit investment. B) Small investment. C) Huge investment. D) No investment. Show Answer Correct Answer: C) Huge investment. 4. Marshallian inefficiency is based on: A) Efficiency of fixed-rent contracts. B) Inefficiency of share-cropping. C) Appropriate provision of incentives. D) None of the above. Show Answer Correct Answer: C) Appropriate provision of incentives. 5. According to Lewis' Theory of Development, at constant urban wage: A) The supply curve of rural labor to the modern sector is considered to be perfectly elastic. B) The supply curve of rural labor to the modern sector is considered to be perfectly inelastic. C) The demand curve of rural labor to the modern sector is considered to be perfectly elastic. D) The demand curve of rural labor to the modern sector is considered to be perfectly inelastic. Show Answer Correct Answer: A) The supply curve of rural labor to the modern sector is considered to be perfectly elastic. 6. According to Lewis' Theory of Development: A) Rural wages would have to be at least 30% higher than average urban income to induce workers to migrate from their home areas. B) Rural wages would have to be at most 30% higher than average urban income to induce workers to migrate back to their home areas. C) Urban wages would have to be equal to the average rural income to induce workers to migrate from their home areas. D) Urban wages would have to be at least 30% higher than average rural income to induce workers to migrate from their home areas. Show Answer Correct Answer: D) Urban wages would have to be at least 30% higher than average rural income to induce workers to migrate from their home areas. 7. The effect of floods on children's schooling outcomes is A) Significant. B) Insignificant. Show Answer Correct Answer: A) Significant. 8. If the share of savings s is 6% and the capital-output ratio k is 4/1, according to the linear-stages approach, what will be the GNP growth? A) +1%. B) +1.5%. C) +2%. D) +2.5%. Show Answer Correct Answer: B) +1.5%. 9. When was PRADAN (Professional Assistance for Development Action) created? A) 1978. B) 1983. C) 1990. D) 1995. Show Answer Correct Answer: B) 1983. 10. Which organization works with farmers in India to promote sustainable agricultural practices? A) Grameen-Danone Food Company. B) Sulabh International Social Service Organization. C) M.S. Swaminathan Research Foundation (MSSRF). D) SKS Microfinance. Show Answer Correct Answer: C) M.S. Swaminathan Research Foundation (MSSRF). 11. Expand 'SOC' A) Service Overhead Capital. B) Social Operating Capital. C) Special Operating Capital. D) Social Overhead Capital. Show Answer Correct Answer: D) Social Overhead Capital. 12. Development of an individual refers to A) Mental development. B) Physical development. C) Spiritual development. D) Overall development. Show Answer Correct Answer: D) Overall development. 13. Why would land be more expensive in the CBD (Central Business District) of an urban area? A) The lack of skyscrapers. B) The lack of residential space. C) High threshold and range. D) Competition for limited space. Show Answer Correct Answer: D) Competition for limited space. 14. As economic development proceeds, income inequality tends to follow a(n) ..... curve A) Convex. B) Inverted U-shaped. C) L-shaped. D) S-Shaped. Show Answer Correct Answer: B) Inverted U-shaped. 15. Which country has the highest total greenhouse gas emissions? A) Russia. B) USA. C) China. D) India. Show Answer Correct Answer: C) China. 16. What is NGO? A) No (G)nut N(O)vember. B) Nine Goat Onward. C) NOT your Girl. D) Non Governmental Organization. Show Answer Correct Answer: D) Non Governmental Organization. 17. In this study, the authors have used ..... data of rain. A) Annual. B) Bi annual. C) Monthly. D) Weekly. Show Answer Correct Answer: C) Monthly. 18. The Solow's growth model is defined using a Cobb-Douglas function Q=AKa Lb. Which hypothesis does this imply on the behavior of K and L? A) K and L have independent linear returns to scale. B) K and L have independent decreasing returns to scale. C) K and L have combined increasing returns to scale. D) K and L have combined decreasing returns to scale. Show Answer Correct Answer: B) K and L have independent decreasing returns to scale. 19. Who is responsible for rural development planning in Malaysia? A) Town and Country Planning Department (Plan Malaysia). B) Ministry of Housing and Local Governance. Show Answer Correct Answer: A) Town and Country Planning Department (Plan Malaysia). 20. In the model of nutritional status, what are the factors affecting energy intake of an individual? A) Resting metabolism. B) Energy expended on physical work. C) Energy released from the body. D) All the above. Show Answer Correct Answer: D) All the above. ← PreviousNext →Related QuizzesEconomics QuizzesDevelopment Economics Quiz 1Development Economics Quiz 3Development Economics Quiz 4Development Economics Quiz 5Development Economics Quiz 6Development Economics Quiz 7Development Economics Quiz 8Development Economics Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books