Question # 1

In the FY 2005-06 the GDP growth rate of Euro area was 1.3 percent, the developing nations 8.6 percent and the world was:

3.5 percent

4.8 percent

4.5 percent

5.5 percent

The economy gets prosperity during:

Recession

Boom

Depression

Recovery

Reward for capital is called:

Rent

Interest

Wages

Profit

The growth rate of Sri-lanka in 2005-06?

4.4 percent

5.9 percent

1.8 percent

7.5 percent

The other name of law of diminishing return is:

Law of supply

Law of diminishing marginal utility

Law of demand

Law of increasing cost

The Kachhi Canal water project shall be completed in:

September 2008

June 2008

April 2009

December 2008

NAT II Management Science Economy MCQs With Answers