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

A firm is charging a different price for each unit purchased by a consumer.This is called:

Question # 2

To find the profit maximizing level of output, a firm finds the output level where:

Question # 3

Which of the following is true about supply curve under monopoly?

Question # 4

Who is the writer of Wealth of Nation?

Question # 5

Give the share of commodity producing the sector in the GNP in 2005-06?

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 The per capita income was $742 in 2004-05 but in 2005-06, rose to:
A. $ 795
B. $ 847
C. $ 880
D. $900
2 Due to devaluation exports become:
A. Smaller
B. Larger
C. Cheaper
D. Expensive
3 The shape of AR and MR under perfect competition is:
A. Vertical
B. U-shape
C. Horizontal to ox-axis
D. None of these
4 In 2005-06, the crop area of sugarcane in thousand hectares was:
A. 540
B. 642
C. 756
D. 907
5 The share of agriculture in the national economy in 2005-06, was:
A. 21.6percent
B. 16.2percent
C. 12.8percent`
D. 13.4percent
6 The Kachhi Canal water project shall be completed in:
A. September 2008
B. June 2008
C. April 2009
D. December 2008
7 According to law of increasing return, marginal product:
A. Increases
B. Decreases
C. Remains constant
D. None of these
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 What remains after deduction of direct taxes lions the personal income:
A. NNI
B. DPI
C. NDI
D. GNP
10 International trade has the benefits:
A. One
B. Three
C. Two
D. Unlimited

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