Question # 1

According to law of increasing return, marginal product:

Increases

Decreases

Remains constant

None of these

What was the number of buffaloes in 2005-06?

12 million

28.4 million

34 million

40 million

In 2005-06 the share of chemicals was 9.08 percent and the share of electricals was:

4.6 percent

8.2 percent

11.78 percent

16.3 percent

In 2005-06 which country had the highest growth rate among the following?

Egypt

Singapore

Kuwait

Nigeria

The interest rate parity is the basic identity that relates which of the following?

Interest rates and exchange rates

Interest rates and inflation rate

Exchange rates and inflation rate

Discount rate and inflation rate

When price falls supply:

Expands

Contracts

Remains zero

Becomes fixed

NAT II Management Science Economy MCQs With Answers