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

What was the share of the major crops of value added in agriculture in 2005-06?

Question # 2

In 2005-06 the share of chemicals was 9.08 percent and the share of electricals was:

Question # 3

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

Question # 4

In February 2006, the Avian Influenza was reported by poultry farm in:

Question # 5

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

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 In inflation prices:
A. Increase
B. Do not change
C. Decrease
D. Become zero
2 The total cost (TC) function is given as: TC = 200 + 5Q. What is the fixed cost?
A. 5Q
B. 5
C. 5 + (200/Q)
D. 200
3 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
4 Which of the following is true about supply curve under monopoly?
A. It is same as the competitive market supply curve
B. It is the portion of marginal cost curve where marginal costs exceed the minimum value of average variable costs
C. It is the result of market power and production costs
D. None of the given statements is true
5 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
6 In 2005-06, the crop area of sugarcane in thousand hectares was:
A. 540
B. 642
C. 756
D. 907
7 The methods of measuring elasticity of supply are:
A. Three
B. Two
C. Four
D. Five
8 The supply of perishable goods is:
A. Fixed
B. Variable
C. Minor change
D. Zero
9 The economy gets prosperity during:
A. Recession
B. Boom
C. Depression
D. Recovery
10 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

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