Nepal Rastra Bank Question 2075-03-09

MCQ-1

1. The locus of combination of two commodities which gives the equal level of satisfactions known as
   (A) Isoquant            (B) Indifference curve              (C) Index number       (D) All of the above
2. GDP is a value of the produced ...................within an accounting period.
   (A) Goods               (B) Services                               (C) Both A and B      (D) Imports
3. Which is directly related to government expenditure?
   (A) Fiscal Policy    (B) Monetary Policy                   (C) Tax Policy         (D) Foreign Aid Policy
4. Which is not directly related to 'Dry Port'?
   (A) Special Economic Zone                        (B) Export Promotion
   (C) Trade Facilitation                                  (D) Production Increment
5. How many Industrial Estates are there in Nepal?
   (A) 9                       (B) 10                           (C) 11                               (D) 12
6. Agriculture sector occupies almost ..............share in GDP.
   (A) One third         (B) Two third                (C) One fourth                 (D) Half
7. What is meant by real GDP?
   (A) Valued at current price                          (B) Valued at constant price
   (C) Valued at basic price                             (D) Valued at producer's price
8. Which is not part of Economic Law/Act of Nepal?
   (A) Company Act                                        (B) Inter Government Financial Management Act  (C) Nepal Rastra Bank Act                          (D) Immigration Act
9. Which of the following is not included in Value Added Tax (VAT) ?
   (A) Hotel Tax        (B) Income Tax              (C) Entertainment Tax      (D) Sales Tax
10. Reason for high trade deficit in Nepal is due to
    (A) High exports of goods                           (B) Low exports of goods
    (C) Low imports and high exports               (D) High imports and high exports
11. Which of the following country first offered financial assistance to Nepal?
    (A) England          (B) America                   (C) India                        (D) China
12. From expenditure side, GDP is calculated through
    (A) Supply of goods and services                (B) Use of goods and services
    (C) Addition of goods and services             (D) All of the above
13. Public Policy is highly influenced by
    (A) Constitution                                          (B) Political vision
    (C) Development Partner's interest            (D) All of the above
14. Which is not considered movable property?
    (A) Intellectual property                            (B) Bonus
    (C) Salary                                                  (D) Received by repaid loan
15. When did Nepal get the membership of World Trade Organization (WTO)?
    (A) 1996 AD           (B) 2000 AD             (C) 2004 AD            (D) 2008 AD
16. When was the first Industrial Council of Nepal established?
    (A) 1993 BS           (B) 2008 BS             (C) 2016 BS            (D) 2024 BS
17. Which of the following shall have power to obtain foreign assistance and borrow loans?
    (A) Government of Nepal                       (B) Provincial Government
    (C) Local Bodies                                     (D) All of the above
18. In a firm, what is not a part of the return of the factor of production?
    (A) Profit             (B) Interest            (C) Intermediate consumption          (D) Wage
19. 14th plan of Nepal targets
    (A) 5% economic growth                           (B)  7% economic growth
    (C) 9% economic growth                           (D) double digit (10%) growth
20. Balance of trade is related with
    (A) Merchandise goods
    (B) Services
    (C) Capital goods
    (D) None of the above
21. Currently Foreign Aid has contributed around ...... in the National budget of Nepal.
    (A) 10%
    (B) 15%
    (C) 20%
    (D) 30%
22. Consumer price index (CPI)
    (A) Cost of living
    (B) Inflation rate
    (C) Price of consumption goods and services
    (D) All of the above
23. Consumption depends upon
    (A) Saving
    (B) Disposable income
    (C) Investment
    (D) Transfer income
24. Nation can gain from trade by specializing in particular commodity is called
    (A) Profit
    (B) Benefit
    (C) Comparative advantage
    (D) Operating surplus
25. Cross domestic saving is derived residually from GDP to
    (A) Output
    (B) Input
    (C) Consumption
    (D) Exports