Question # 1

The Kachhi Canal water project shall be completed in:

September 2008

June 2008

April 2009

December 2008

During 2005-06 maize was grown on an area of 982 thousand hectares and its production was:

3.5 million tones

4.2 million tones

5.2 million tones

6.7 million tones

Given the amount of gross fixed investment percentage of GDP during 2005-06.

14.2 percent

18.4 percent

25.0 percent

26.6 percent

Average revenue is equal to:

Price

Total revenue

Marginal revenue

Average cost

The long run aggregate supply curve will shift to the right if:

The price level increases.

Factors of production (such as labor and capital) increase

Expenditures (such as consumption and net exports) increase.

The prices of inputs used to produce goods and services (such as wages and the price of oil)descreases

Canons of taxation describes:

Marshall

Keynes

Robbins

Adam Smith

NAT II Management Science Economy MCQs With Answers