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NAT II Management Science Economy MCQs With Answers
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:
Choose an answer
3.5 percent
4.8 percent
4.5 percent
5.5 percent
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Question # 2
The economy gets prosperity during:
Choose an answer
Recession
Boom
Depression
Recovery
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Question # 3
Reward for capital is called:
Choose an answer
Rent
Interest
Wages
Profit
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Question # 4
The growth rate of Sri-lanka in 2005-06?
Choose an answer
4.4 percent
5.9 percent
1.8 percent
7.5 percent
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Question # 5
The other name of law of diminishing return is:
Choose an answer
Law of supply
Law of diminishing marginal utility
Law of demand
Law of increasing cost
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Question # 6
The Kachhi Canal water project shall be completed in:
Choose an answer
September 2008
June 2008
April 2009
December 2008
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