1st & 2nd Sem. Eve. 30.5.16

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Subjective

QNO.2
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.

write the note on the following.


(10*2)
Define farm mechanization also write down its advantage & disadvantages.
Differentiate B/W structural unemployment fritinal umemployment.
WTO
What do you ment by Agri.credit & also discuss the sources of Agri.credit,
Sustainable develoment.
Green revolution.
Farm mechanazation scheme of Agri.credit.
Factor endowment theory
Difference between formal and non formal education with examples.
Trade is engine of growth.

Q.No.3 Discuss the SAP and its impacts on economy of Pakistan. (5)
Q.No.4 Ditigunish between private and social cost and benefits of education. What economic factors
give rise to the wide divergence between private and social benefitto-cost valuation and most
developing countries? Should govtattempt through their educational and economic policies to nerrow
the gap between private and social valuation? Discusss.
(5)

NCBA&E Bahawalpur Campus


M.Phil Economics
Subject: Economic Development
Teacher: Abid Hussain

1st Semester
Final Term
Marks: 35
Time: 2 hrs

Objective
1. SAP was started in Pakistan
a. 1997 b. 1977 c. 1998 d. 1988
2. The share of agriculture sector GDP in 2015-16
a. 21.1% b. 22% c. 24% d. 25%
3. Transformation of ADBP into ZTBL was in
a. 2004 b. 2002 c. 2006 d. 2000
4. Factor endowment trade theory was presented by
a. Ricardo b. Adam Smith c. H.O. d. Keynes
5. Triditional trade theory presented by
a. Ricardo b. Friedman c. H.O. d. Keynes

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