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5 days ago We collected some important Current Affairs Quiz Questions and Answers from our , , , daily quiz data base and make it as. Current Affairs Quiz: Latest Current Affairs Questions , for Bank Current Affairs Quiz: April 12 Current Affairs Questions and Answers PDF. In this we have given, Monthly PDF of Current Affairs QUIZ This is very important for all Competitive exams like UPSC, SSC, RRB, and all PSC Examinations. CA Quiz.

True b False 4. Famous Places in India. List of Waterfalls in India. Income Discrepancy c. Rostow describes development as a linear paradigm a. Portfolio investment is long term investment a True b False c Not sure

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Rate your performance on the basis of the Questions attempted. Save your precious time as you are just a click away. Rostow also sees development as a nonlinear paradigm a. Economic Growth precedes economic development a True b False c Not sure List the five 5 stages of development according to W. Mention any four 4 criticisms of modernization theory 4marks What is the difference between chronic poverty and acute poverty?

What is food security?

Mention the four 4 levels of food security. Name the two renowned proponents of HDI. Outline four 4 key characteristics of emerging markets 4 marks Differentiate economic development from economic growth 2 marks Briefly define the following terms: Outline the three 3 core values of development according to Denis Goulet.

Define social formation according to Marxism. Name the two 2 major financial lending institutions in the world.

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Briefly state the difference between development and underdevelopment 2 marks List any two 2 features of pre-conditions for takeoff stage according to W. Differentiate modernization from westernization. True b False c Not sure 2. China has adopted market segmentation in its approach of development a True b False 3.

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The application of science and technology in development is not a key component of modernization theory a True b False c Not sure 4. A negative Net Factor Income comes when you have more exports than imports in an economy a True b False c Not sure 2 marks 6.

Modes of production limited to pre-Newtonian science according to W. The take off stage according to W.

Rostow is characterized by the re-investments of profits and the manufacturing of simple semi-durable machines a True b False c Not sure Rostow describes development as a linear paradigm a.

True b False c Not sure Using Gini-coefficient, a reading of 0. Generally, GDP can either be nominal, ordinal, or real a. Comparative Advantage is a concept that makes Zambia trade in copper and Malawi in tea a.

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A free market economy favours capitalism a. Economic growth is usually expressed in a nominal figure a.

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Dependency Theory can help explain why we keep exporting copper in Zambia. Balance of payments is the summation of the amount paid by a national government to other countries and the amount it receives from them a. In development, the state and government are used interchangeably to mean the same a True b False c Not sure 3. Biodiversity loss is not a major global environmental issue a True b False c Not sure 4.

Government is flexible while the state is rigid a True b False c Not sure 5. A Social entrepreneur is an innovator who focuses on creating products and services that solve social needs and problems.

General Knowledge Quiz Questions & Answers

Market speculation is not always critical in any form of investment a True b False c Not sure 8. Portfolio investment is long term investment a True b False c Not sure Income per capita cannot be used to determine foreign investment a True b False c Not sure All entrepreneurs are investors but not all investors are entrepreneurs a True b False c Not sure Depletion of the ozone layer is caused by high concentration of oxygen molecule O3.

In a neo-patrimonial regime, the middle income class is more likely to emerge because resources are allocated to all sectors of the economy a True b False c Not sure Large Company Entrepreneurs mainly create formal jobs because they are non- capitalists a True b False c Not sure International trade has little or no say on technological transfer a True b False c Not sure The major beneficiaries of international trade are importers a True b False c Not sure Ozone is both a natural and human-made greenhouse gas.

GDP per capita is an accurate measure of personal income a. True b False 2. Simon Kuznets is associated with GDP a. True b False 3. GDP allocate production based on ownership a. True b False 4. True b False 5. The state of undevelopment is rampant in the early stages of social formation a.

True b False 6. Market segmentation can only be done using a geographical method a. True b False 7. In modernization theory, causes of underdevelopment are neither internal nor external a. True b False 8. Improved consumption levels in an economy is not a sign of economic development a. True b False 9.

True b False According to Marxism, there is a tradeoff to modernity due to capitalism a True b False The implied critique of modernization theory is that, the age of high mass consumption can only be reached by countries in the North a True b False Rivero does not see an economy to be full of technocrats a True b False