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

For a firm buying labor competitively, the marginal input cost is equal to the:

Question # 2

The quality of a commodity which satisfies the human wants:

Question # 3

For a study of the long term growth of the economy, we use:

Question # 4

What was the number of buffaloes in 2005-06?

Question # 5

Inflation on prices:

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 It is a Federal Tax:
A. Excise duty
B. Local Tax
C. Property Tax
D. None
2 In 2005-06 which country had the highest growth rate among the following?
A. Egypt
B. Singapore
C. Kuwait
D. Nigeria
3 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:
A. 6.6 percent
B. 1.6 percent
C. 4.6 percent
D. 5.0 percent
4 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
5 The growth rate of Sri-lanka in 2005-06?
A. 4.4 percent
B. 5.9 percent
C. 1.8 percent
D. 7.5 percent
6 The supply of land is:
A. Infinity
B. Fixed
C. Variable
D. Zero
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 What remains after deduction of direct taxes lions the personal income:
A. NNI
B. DPI
C. NDI
D. GNP
9 Reward for capital is called:
A. Rent
B. Interest
C. Wages
D. Profit
10 Name the water project to be completed in April 2009:
A. Gomal Zam Dam
B. Rainee Canal
C. Kachhi Canal
D. Mirani Dam

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