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 shape of AR and MR under perfect competition is:

Question # 2

The Diamer Bhasha Dam will be completed in :

Question # 3

Price floor results in:

Question # 4

Consumer goods are those goods which are used by a man:

Question # 5

If money supply is fixed by the central bank then in interest rate money supply space, money supply curve will be:

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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 Who presented the quantity theory of money:
A. Marshall
B. Robbins
C. Taussig
D. Keynes
3 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
4 Due to devaluation exports become:
A. Smaller
B. Larger
C. Cheaper
D. Expensive
5 The shape of AR and MR under perfect competition is:
A. Vertical
B. U-shape
C. Horizontal to ox-axis
D. None of these
6 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
7 Welfare economics is the branch of economics which deals with:
A. Positive issues
B. Normative issues
C. Micro issues
D. Macro issues
8 When price falls supply:
A. Expands
B. Contracts
C. Remains zero
D. Becomes fixed
9 What was the difficulty in the barter System:
A. Excess of goods
B. Difference language
C. Lack of co-incidence
D. Difference in profession
10 Who wrote "The Nature and Significance of Economics":
A. Adam Smith
B. Marshall
C. Robbins
D. Keynes

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