Development and Planning-Theories of Growth and Development [NTA-NET (Based on NTA-UGC) Economics (Paper-II)]: Questions 1 - 4 of 38

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Question number: 1

» Development and Planning » Theories of Growth and Development » Endogenous Growth: Role of Education, Research and Knowledge

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Appeared in Year: 2013

MCQ▾

Question

The endogenous growth theory seeks to provide explanation for which of the following determinants of growth that the Solow’s model did not explain (December)

Choices

Choice (4)Response

a.

Technical Progress

b.

Labour Growth

c.

Role of the government in promoting growth

d.

All a. , b. and c. are correct

Question number: 2

» Development and Planning » Theories of Growth and Development » Endogenous Growth: Role of Education, Research and Knowledge

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Appeared in Year: 2013

Match List-Ⅰ List-Ⅱ▾

Question

In the context of the theory of economic growth, match the theory/facts given in List I with their propounders given in List II: (December)

List-Ⅰ (Theory of Economic Growth)List-Ⅱ (Authors)

(A)

Golden rule of Accumulation

(i)

E. S. Phelps

(B)

Exogenous growth theory

(ii)

N. Kaldor

(C)

Optimal growth Turnpikes

(iii)

R. M. Solow

(D)

Stylised facts of Economic growth

(iv)

Radner & Samuelson

Choices

Choice (4)Response
  • (A)
  • (B)
  • (C)
  • (D)

a.

  • (i)
  • (iii)
  • (ii)
  • (iv)

b.

  • (i)
  • (iii)
  • (iv)
  • (ii)

c.

  • (i)
  • (iv)
  • (ii)
  • (iii)

d.

  • (ii)
  • (i)
  • (iv)
  • (iii)

Question number: 3

» Development and Planning » Theories of Growth and Development » Hicks, Harrod and Learning by Doing

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Appeared in Year: 2014

MCQ▾

Question

The full capacity growth rate in Harrod-Domar Model is also known as (June)

Choices

Choice (4)Response

a.

Actual growth rate

b.

Natural growth rate

c.

Expected growth rate

d.

Warranted growth rate

Question number: 4

» Development and Planning » Theories of Growth and Development » Production Function Approach

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Appeared in Year: 2014

MCQ▾

Question

Concept of disembodied technical change is associated with

I. Abramovitz

II. Kaldor

III. Kendrick

IV. Solow (June)

Choices

Choice (4)Response

a.

I, III and IV

b.

I and II

c.

II, III and IV

d.

III and IV

Developed by: