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

The Diamer Bhasha Dam will be completed in :

Question # 2

Mairani Dam is being built in Balochistan Gomal Zam Dam in NWFP and Diamer Bhasha Dam in the region of:

Question # 3

In February 2006, the Avian Influenza was reported by poultry farm in:

Question # 4

In 2005-06, the crop area of cotton was 3,096 thousand hectares and the crop area of rice was:

Question # 5

Real GDP is equal to:

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 The Kachhi Canal water project shall be completed in:
A. September 2008
B. June 2008
C. April 2009
D. December 2008
2 Reward for capital is called:
A. Rent
B. Interest
C. Wages
D. Profit
3 What was the share of livestock to the GNP during 2005-06?
A. 4.7percent
B. 6.5percent
C. 3.5percent
D. 8.0percent
4
A monopolistically competitive firm in short run equilibrium:
A.
Will make negative profit (lose money).
B. Will make zero profit (break-even)
C. Will make positive profit
D. Any of the given are possible.
5 In inflation prices:
A. Increase
B. Do not change
C. Decrease
D. Become zero
6 National income does not include:
A. Profit
B. Wages
C. Interest
D. Transfer payments
7 A market is said to be in equilibrium when:
A. Demand equals output
B. There is downward pressure on price
C. The amount consumers wish to buy at the current price equals the amount producers wish to sell at that price
D. All buyers are able to find sellers willing to sell to them at the current price
8 What was the growth recorded by the manufacturing sector during 2005-06?
A. 4.2 percent
B. 5.5percent
C. 7.3percent
D. 8.6percent
9 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
10 A tax on the accounting profits of corporations is known as:
A. Sales tax
B. Excise tax
C. Corporate income tax
D. Personal income tax

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