OECD stands for ?

Related Mcqs:

1. Which of the following statement is NOT true about OECD aid ?

   A. During the 1980s OECD countries contributed four fifths of the world’s bilateral official development assistance to LDCs
   B. In the early 1990s the OECD contributed 98 percent of all aid
   C. The OECD aid increased from $6.9 billion in 1970 to $8.9 billion in 2001
   D. In 2001, only Denmark Norway, Sweden, the Netherlands, and Luxembourg exceeded the aid target for LDCs

2. ‘Forex’ stands for ?

   A. For examine
   B. Foreign exchange
   C. Foreign exports
   D. None of these

3. In the equation C = a + bY, which describes the aggregate consumption function ‘b’ stands for ?

   A. The marginal propensity to consume.
   B. The amount of income when consumption is zero
   C. The average consumption level
   D. The amount of consumption when income is zero

4. In marketing “USP” stands for ?

   A. Unique Selling Proposition
   B. Underlying Sales Proposition
   C. Unit Sales Point
   D. Under Sales Procedure

5. Among the world’s largest cotton growing countries. Pakistan stands at number ?

   A. Three
   B. Four
   C. Six
   D. Eight

6. One criticism of Rostow’s theory of economic growth is that ?

   A. much available data contradicts his thesis about the takeoff stage
   B. there is no explanation of why growth occurs after takeoff
   C. his hypothesis of the stages of growth is difficult to test empirically
   D. All of the above are correct

7. According to the supply side of the vicious circle theory of development a country is poor because ?

   A. technology levels do not allow for self sufficiency
   B. it was previously too poor to save and invest
   C. underemployment is too widespread
   D. resource allocation is poor

8. Rostow’s economics stages are ?

   A. The preconditions for takeoff, the takeoff, the drive to maturity and the age of creative destruction
   B. The traditional society the preconditions for takeoff, the takeoff, the drive to maturity and the age of high mass consumption
   C. the preconditions for consumption the replication the drive to maturity and the age of high mass consumption
   D. the learning curve the age of high mass consumption post takeoff, and the drive to maturity

9. Baran’s Neo-Marxist thesis has been criticized for ignoring the probability that power is frequently ?

   A. based on an alliance between landowners and peasants
   B. based on an alliance between peasants and the foreign bourgeoisie
   C. transferred from one elite to another when revolution occurs
   D. derived from domestic opponents of nationalism

10. What is Baran’s explanation for underdevelopment in Asia, Africa, and Latin America ?

    A. monopolistic business from abroad
    B. reactionary ruling coalitions
    C. weak domestic middle class
    D. All of the above