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

Ushr implies on:

Question # 2

In 2005-06 the real GDP growth of USA was 3.5 percent, of China 9.9 percent, Japan 2.7 percent, India 8.0 percent and of Pakistan was:

Question # 3

When national income is increases:

Question # 4

For a study of the long term growth of the economy, we use:

Question # 5

During 2005-06 maize was grown on an area of 982 thousand hectares and its production was:

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 What is deducted from GNP to find GDP:
A. Depreciation allowance
B. Net income received from abroad
C. Indirect as
D. Transfer payments
2 How many methods can be used for cultivation:
A. One
B. Two
C. Three
D. Four
3 In 2005-06 the share of chemicals was 9.08 percent and the share of electricals was:
A. 4.6 percent
B. 8.2 percent
C. 11.78 percent
D. 16.3 percent
4 The share of the automobile group in manufacturing group in 2005-06 was:
A. 20.2 percent
B. 29.7 percent
C. 14.4 percent
D. 16.8 percent
5 Who wrote "The Nature and Significance of Economics":
A. Adam Smith
B. Marshall
C. Robbins
D. Keynes
6 Macro Economics was introduced by
A. Alfred Marshall
B. J.M. Keynes
C. N.W. Senior
D. J.B. Clark
7 The economy gets maximum prosperity during:
A. Recession
B. Recovery
C. Boom
D. Depression
8 Who is the writer of Wealth of Nation?
A. Marshall
B. Adam Smith
C. Robbins
D. Keynes
9 What was the production of cotton in 2005-06?
A. 12.4million bales
B. 16.2 millionbales
C. 18.8 million bales
D. 24.1 million bales
10 Average revenue is equal to:
A. Price
B. Total revenue
C. Marginal revenue
D. Average cost

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