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

Reward the labour is:

Question # 2

The Kachhi Canal water project shall be completed in:

Question # 3

Due to devaluation exports become:

Question # 4

If pen and ink are complements, then an increase in the price of pen will cause:

Question # 5

The aggregate supply curve is the relationship between:

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 Who presented the quantity theory of money:
A. Marshall
B. Robbins
C. Taussig
D. Keynes
2 A firm is charging a different price for each unit purchased by a consumer.This is called:
A. First-degree price discrimination
B. Second-degree price discrimination
C. Third-degree price discrimination
D. None of the given options
3 What was the production of rice in million tons in 2005-06?
A. 4.4
B. 5.5
C. 6.6
D. 7.7
4 Who is responsible for profit and loss in the business:
A. Capitalist
B. Entrepreneur
C. Labour
D. Middleman
5 Canons of taxation describes:
A. Marshall
B. Keynes
C. Robbins
D. Adam Smith
6 In inflation prices:
A. Increase
B. Do not change
C. Decrease
D. Become zero
7 Which of the following is TRUE for a Giffen good?
A. Its marginal utility is zero
B. Its demand curve is perfectly elastic
C. Its substitution effect is positive
D. Its demand curve is positively sloped
8 The Kachhi Canal water project shall be completed in:
A. September 2008
B. June 2008
C. April 2009
D. December 2008
9 In 2005-06, the crop area of sugarcane in thousand hectares was:
A. 540
B. 642
C. 756
D. 907
10 What was the difficulty in the barter System:
A. Excess of goods
B. Difference language
C. Lack of co-incidence
D. Difference in profession

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