Nrb Prep (Economics)

30 Questions | Total Attempts: 13

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Nrb Prep (Economics)

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Questions and Answers
  • 1. 
    GDP per capita is GDP divided by ...
    • A. 

      GNP

    • B. 

      The size of the population

    • C. 

      The size of the labor force

    • D. 

      Twenty-five

  • 2. 
    "The total of all economic activity in a country" What is being defined?
    • A. 

      GNP

    • B. 

      GDP

    • C. 

      Nominal GDP

    • D. 

      Deflationary gap

  • 3. 
    Fiscal policy is the set of a government's policies relating to its ...
    • A. 

      Money supply

    • B. 

      Money supply and control of interest rates

    • C. 

      Control of interest rates and taxation rates

    • D. 

      Spending and taxation rates

  • 4. 
    "The periodic fluctuations in economic activity measured by changes in real GDP" What is being defined?
    • A. 

      Depreciation

    • B. 

      Multiplier effect

    • C. 

      Business cycle

    • D. 

      Accelerator theory

  • 5. 
    Diffrence between Real and Nominal GDP is:  
    • A. 

      Measured by excluding some of the sectors

    • B. 

      That real GDP is always smaller than Nominal GDP.

    • C. 

      Change in price level from base year to current year.

    • D. 

      None of the above.

  • 6. 
    The fiscal policy of 2076/77 of Nepal targets inflation at
    • A. 

      6%

    • B. 

      5.5%

    • C. 

      6.5%

    • D. 

      7%

  • 7. 
    Which is not the component of current account under Balance of Payment?
    • A. 

      Merchandise trade

    • B. 

      Remittance

    • C. 

      Interest repatriation

    • D. 

      Greenfield investment

  • 8. 
    Which is the new monetary instrument introduced by the monetary policy of 2076/77?
    • A. 

      Liquidity coverage ratio

    • B. 

      Credit to Core Capital cum Deposit ratio

    • C. 

      Net Stable Funding

    • D. 

      Leverage ratio

  • 9. 
    Which is the only European country to remain unaffected by the great depression of 1930s?
    • A. 

      Russia

    • B. 

      Germany

    • C. 

      France

    • D. 

      Britain

  • 10. 
    Which of the following statement is not true?
    • A. 

      The inside lag of fiscal policy is longer than that of monetary policy

    • B. 

      The outside lag of fiscal policy is shorter than that of monetary policy

    • C. 

      The monetary policy has significantly faster impact on economic variables

    • D. 

      Fiscal policy takes longer time to formulate

  • 11. 
    The real sector of Nepalese economy is divided into how many sectors?
    • A. 

      10

    • B. 

      15

    • C. 

      20

    • D. 

      12

  • 12. 
    World Bank has said that the environment for doing business in Nepal has improved. What is the ranking of Nepal?
    • A. 

      94

    • B. 

      105

    • C. 

      90

    • D. 

      106

  • 13. 
    Which is not the instrument of monetary policy?
    • A. 

      CCD ratio

    • B. 

      Open Market Operation

    • C. 

      Bank rate

    • D. 

      SLR

  • 14. 
    Which of the following increases the real GDP?
    • A. 

      Increase in real interest rate

    • B. 

      Increase in gross investment

    • C. 

      Increase in final consumption

    • D. 

      None of above

  • 15. 
    A change in fiscal policy affects the balance of payment through
    • A. 

      Current account

    • B. 

      Capital account

    • C. 

      Current and capital account

    • D. 

      None of above

  • 16. 
    What is the expected nominal GDP (Rs.) of Nepal for 2018/19 estimated by Central Bureau of Statistics?
    • A. 

      34 billion

    • B. 

      30 billion

    • C. 

      35 billion

    • D. 

      31 billion

  • 17. 
    The annual population growth rate of Nepal stands at
    • A. 

      1.35%

    • B. 

      2%

    • C. 

      2.15%

    • D. 

      1.25%

  • 18. 
    The average revenue of the firm is represented by
    • A. 

      Demand curve

    • B. 

      Supply curve

    • C. 

      Marginal revenue

    • D. 

      None of above

  • 19. 
    Imposing taxes to which of the following goods yield the highest revenue to government?
    • A. 

      Alcoholic drinks

    • B. 

      Vehicles

    • C. 

      Consumables

    • D. 

      All of above

  • 20. 
    In which condition, Seller can shift entire burden of tax to buyer 
    • A. 

      If supply curve is perfectly elastic assuming demand constant

    • B. 

      If demand curve is perfectly elastic assuming supply constant

    • C. 

      If both demand and supply curve are relatively elastic

    • D. 

      None of above

  • 21. 
    The tradition Philips curve states that unemployment and inflation move in
    • A. 

      Opposite direction

    • B. 

      Same direction

    • C. 

      They are not related to each other

    • D. 

      None of above

  • 22. 
    Stagflation is best explained by which of the following statement?
    • A. 

      Nepalese economy is facing price surge and a decrease in employment rate

    • B. 

      Nepalese economy is struggling with deflationary pressures and a rapid rise in unemployment rate.

    • C. 

      Nepalese economy is experiencing a huge fiscal deficit and deficit in balance of payment.

    • D. 

      None of above

  • 23. 
    The first five year plan of Nepal started in which of the following fiscal year (BS)?
    • A. 

      1955/56

    • B. 

      1956/57

    • C. 

      1954/55

    • D. 

      1959/60

  • 24. 
    The poverty reduction strategy paper was introduced in which periodic plan?
    • A. 

      5th

    • B. 

      6th

    • C. 

      7th

    • D. 

      8th

  • 25. 
    How many National Pride Projects are currently recognized by 46th National Development Action Committee report?
    • A. 

      22

    • B. 

      21

    • C. 

      23

    • D. 

      24

  • 26. 
    In which year Nepalese currency was pegged to Indian currency at the rate of 1 IC = 1.6 NC ?
    • A. 

      1993

    • B. 

      1994

    • C. 

      1990

    • D. 

      1992

  • 27. 
    Why is Gross domestic income is equivalent to Gross domestic product?
    • A. 

      Due to Net Indirect Tax

    • B. 

      They are always equal

    • C. 

      Due to subsidy

    • D. 

      None of above

  • 28. 
    The nominal per capita GDP of Nepal is
    • A. 

      $1034

    • B. 

      $1004

    • C. 

      $1053

    • D. 

      $1035

  • 29. 
    The nominal per capita GNI of Nepal in 2018/19 is
    • A. 

      $1047

    • B. 

      $1045

    • C. 

      $1050

    • D. 

      $1034