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

What was the percentage in the production of cotton yarn during July-March 2005-06?

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

In 2005-06, bajra was grown on 438 thousand hectares and its production in thousand tons was:

Question # 4

How much amount was allocated for Prime Minister's special intiative for livestock during 2005-06 ?

Question # 5

If we compare Gross Domestic Product (GDP) with Gross National
1. Product (GNP) then:

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 Inflation on prices:
A. Decrease
B. Remains constant
C. Increase
D. Become zero
2 What was the share of the major crops of value added in agriculture in 2005-06?
A. 24.2percent
B. 35.2percent
C. 39.1percent
D. 45percent
3 National income does not include:
A. Profit
B. Wages
C. Interest
D. Transfer payments
4 Give the production of sugarcane in Pakistan in 2005-06?
A. 22 millions tons
B. 33 million tons
C. 44 million tons
D. 55 million tons
5 When national income is increases:
A. Standard of living increases
B. Standard of living decreases
C. Remains same
D. Bad thing
6 Who is responsible for profit and loss in the business:
A. Capitalist
B. Entrepreneur
C. Labour
D. Middleman
7 In the FY 2005-06 the GDP growth rate of Euro area was 1.3 percent, the developing nations 8.6 percent and the world was:
A. 3.5 percent
B. 4.8 percent
C. 4.5 percent
D. 5.5 percent
8 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
9 In 2005-06, the crop area of cotton was 3,096 thousand hectares and the crop area of rice was:
A. 2,620
B. 982
C. 8,303
D. 4,702
10 The economy gets prosperity during:
A. Recession
B. Boom
C. Depression
D. Recovery

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