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

"Government collects zero revenue if the tax rate is 0% and if the tax rate is 100%." Which of the following best describes this statement?

Question # 2

Which of the following will be TRUE if real income rose and the interest rate fell following an increase in government purchases?

Question # 3

The Diamer Bhasha Dam will be completed in :

Question # 4

Reward the labour is:

Question # 5

According to law of increasing return, marginal product:

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 How many methods can be used for cultivation:
A. One
B. Two
C. Three
D. Four
2 The GDP growth rate of agriculture sector in 2005-06 was:
A. 2.5 percent
B. 4.3 percent
C. 1.6 percent
D. 9.3 percent
3 Average revenue is equal to:
A. Price
B. Total revenue
C. Marginal revenue
D. Average cost
4 The other name of law of diminishing return is:
A. Law of supply
B. Law of diminishing marginal utility
C. Law of demand
D. Law of increasing cost
5 Name the water project to be completed in April 2009:
A. Gomal Zam Dam
B. Rainee Canal
C. Kachhi Canal
D. Mirani Dam
6 The supply of land is:
A. Infinity
B. Fixed
C. Variable
D. Zero
7 In 2005-06 which country had the highest growth rate among the following?
A. Egypt
B. Singapore
C. Kuwait
D. Nigeria
8 Give the share of commodity producing the sector in the GNP in 2005-06?
A. 2.5 percent
B. 4.3percent
C. 3.8percent
D. 7.2percent
9 Price floor results in:
A. All of the given options
B. Excess supply.
C. Equilibrium
D. Excess demand
10 Mairani Dam is being built in Balochistan Gomal Zam Dam in NWFP and Diamer Bhasha Dam in the region of:
A. Punjab
B. Northern Areas
C. NWFP
D. Sindh

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