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31.

Unemployment created by some long-term change in demand or technological conditions in an economy is known as:

A.	Frictional unemployment	B.	Cyclical un-employment
C.	Structural unemployment	D.	Disguised unemployment

32.

Arrange the following Rostow's stages of economic growth in their proper sequence: I, Traditional society; II. Take-off stage; III. Age of mass consumption; IV. Drive to maturity

A.	I, II, IV, III	B.	I, II, III, IV
C.	II, I, IV, III	D.	II, I, III, IV

33.

How many stages of economic growth were defined and analysed by Rostow which all economies are supposed to pass through in the course of their development?

A.	Seven	B.	Five
C.	Four	D.	Three

34.

What causes development in terms of Rostow's theory?

A.	Favourable propensities of people	B.	Changing profile of leading sectors of the economy
C.	A sharp rise in investment	D.	All of the above

35.

Identify the country which was the first to move to the stage of high mass consumption:

A.	UK	B.	USA
C.	Germany	D.	France

36.

The take-off stage is characterised by:

A.	Rise in the rate of productive investment from 5% to over 10% of national income	B.	Development of one or more substantial manufacturing sectors with a high growth rate
C.	Quick emergence of a political, social and institutional framework to enable expansion in various fields	D.	All of the above

37.

Under the 'big-push' strategy of development, large investments are to be directed towards:

A.	Agriculture	B.	Industry
C.	Power	D.	Transport

38.

The basic logic behind the 'big-push' strategy of development is related to:

A.	Internal economies	B.	External economies
C.	An optimum combination	D.	Both (a) and (b)

39.

In the context of which region was the 'big push' strategy of development formulated?

A.	South Asia	B.	South East Asia
C.	Eastern Europe	D.	East Africa

40.

The 'big-push' strategy of development was first advocated by:

A.	Paul N-Rosenstein-Rodan	B.	Simon Kuznets
C.	W.A, Lewis	D.	A.O.Hirshman