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NAT II Management Science Economy MCQs With Answers
Question # 1
Which ASEAN nation had the highest growth rate of 7.5 percent in 2005-06?
Choose an answer
Indonesia
Malaysia
Vietnam
Thailand
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Question # 2
Inflation will be useful for:
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Labourers
Industrialist
Consumers
Pensioners
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Question # 3
Canons of taxation describes:
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Marshall
Keynes
Robbins
Adam Smith
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Question # 4
In monopoly, which of the following is NOT true?
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Products are differentiated
There is freedom of entry and exit into the industry in the long run
The firm is a price maker
There is one main seller
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Question # 5
The growth rate of Sri-lanka in 2005-06?
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4.4 percent
5.9 percent
1.8 percent
7.5 percent
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Question # 6
The real exchange rate is defined as the:
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Market exchange rate adjusted for prices
Market exchange rate adjusted for interest rates
Market exchange rate
Exchange rate determined by the government
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