NAT IIM Management Science Economy Online Test for Pakistani Students

MCQ's Test For NAT II Management Science Economy

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NAT II Management Science Economy

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Question # 1

Name the water project to be completed in April 2009:

Question # 2

Average revenue is equal to:

Question # 3

When price falls supply:

Question # 4

The elasticity of demand of durable goods is:

Question # 5

Consumer goods are those goods which are used by a man:

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 National income does not include:
A. Profit
B. Wages
C. Interest
D. Transfer payments
2 The Kachhi Canal water project shall be completed in:
A. September 2008
B. June 2008
C. April 2009
D. December 2008
3 Name the water project to be completed in April 2009:
A. Gomal Zam Dam
B. Rainee Canal
C. Kachhi Canal
D. Mirani Dam
4 Due to devaluation exports become:
A. Smaller
B. Larger
C. Cheaper
D. Expensive
5 The share of agriculture in the national economy in 2005-06, was:
A. 21.6percent
B. 16.2percent
C. 12.8percent`
D. 13.4percent
6 How much amount was allocated for Prime Minister's special intiative for livestock during 2005-06 ?
A. Rs. 672 million
B. Rs. 812 million
C. Rs. 1,696 million
D. Rs. 2,400 million
7 The per capita income was $742 in 2004-05 but in 2005-06, rose to:
A. $ 795
B. $ 847
C. $ 880
D. $900
8 Welfare economics is the branch of economics which deals with:
A. Positive issues
B. Normative issues
C. Micro issues
D. Macro issues
9 The shape of AR and MR under perfect competition is:
A. Vertical
B. U-shape
C. Horizontal to ox-axis
D. None of these
10 When price falls supply:
A. Expands
B. Contracts
C. Remains zero
D. Becomes fixed

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