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

00:00
Question # 1

Marginal cost curve always intersects average cost curve at:

Question # 2

Canons of taxation describes:

Question # 3

Which ASEAN nation had the highest growth rate of 7.5 percent in 2005-06?

Question # 4

When national income is increases:

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 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
2 What was the percentage in the production of cotton yarn during July-March 2005-06?
A. 11.1 percent
B. 15.2 percent
C. 17.6 percent
D. 19.2 percent
3 The supply of perishable goods is:
A. Fixed
B. Variable
C. Minor change
D. Zero
4 In 2005-06, bajra was grown on 438 thousand hectares and its production in thousand tons was:
A. 190
B. 221
C. 350
D. 475
5 In 2005-06, the crop area of sugarcane in thousand hectares was:
A. 540
B. 642
C. 756
D. 907
6 Who is the writer of Wealth of Nation?
A. Marshall
B. Adam Smith
C. Robbins
D. Keynes
7
Under the kinked demand curve model, an increase in marginal cost will lead to:
A.
An increase in output level and a decrease in price.
B.
A decrease in output level and an increase in price.
C.
A decrease in output level and no change in price.
D.
Neither a change in output level our a change in price.
8 Real GDP is equal to:
A. Nominal GDP - Inflation
B. Nominal GDP + Inflation
C. Nominal GDP / Inflation
D. Inflation / Nominal GDP
9 The Diamer Bhasha Dam will be completed in :
A. 2009
B. 2010
C. 2012
D. 2015
10 The price elasticity of demand for any good must be less than or equal to zero unless:
A. The good is a necessity.
B. The good is a luxury.
C. The good is a Ciffen good.
D. None of the given options.

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