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 production of gram in 2005-06, in thousand tons was:

Question # 2

Which of the following event will lead towards cost-push inflation and therefore stagflation?

Question # 3

The interest rate parity is the basic identity that relates which of the following?

Question # 4

In 2005-06, the percentage of total investment to GDP was:

Question # 5

Welfare economics is the branch of economics which deals with:

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 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
2
For a firm buying labor competitively, the marginal input cost is equal to the:
A. Wage
B. Interest rate
C. Price of output
D. Cost of raw materials
3 In 2005-06 total production of fish inland and marine in Pakistan was:
A. 5,81,000 tons
B. 6,72,000 tons
C. 7,44,000 tons
D. 8,33,000 tons
4 How many methods can be used for cultivation:
A. One
B. Two
C. Three
D. Four
5 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.
6 During 2005-06 maize was grown on an area of 982 thousand hectares and its production was:
A. 3.5 million tones
B. 4.2 million tones
C. 5.2 million tones
D. 6.7 million tones
7
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.
8 Name the water project to be completed in April 2009:
A. Gomal Zam Dam
B. Rainee Canal
C. Kachhi Canal
D. Mirani Dam
9 The Kachhi Canal water project shall be completed in:
A. September 2008
B. June 2008
C. April 2009
D. December 2008
10 The Diamer Bhasha Dam will be completed in :
A. 2009
B. 2010
C. 2012
D. 2015

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