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 growth rate of Sri-lanka in 2005-06?

Question # 2

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

Question # 3

In inflation prices:

Question # 4

The economy gets maximum prosperity during:

Question # 5

In 2005-06, bajra was grown on 438 thousand hectares and its production in thousand tons was:

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 As compared to existing firms, a new firm entering in monopolist market has:
A. High costs
B. Low costs
C. Equal costs
D. None of the given options
2 How many methods can be used for cultivation:
A. One
B. Two
C. Three
D. Four
3
A monopolistically competitive firm in the long run equilibrium:
A. Will make negative profit.
B. Will make zero profit.
C. Will make positive profit
D. Any of the given are possible.
4 The economy gets prosperity during:
A. Recession
B. Boom
C. Depression
D. Recovery
5 The Diamer Bhasha Dam will be completed in :
A. 2009
B. 2010
C. 2012
D. 2015
6 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
7 Who is responsible for profit and loss in the business:
A. Capitalist
B. Entrepreneur
C. Labour
D. Middleman
8 Who is the writer of Wealth of Nation?
A. Marshall
B. Adam Smith
C. Robbins
D. Keynes
9 Marginal cost curve always intersects average cost curve at:
A. The maximum point
B. The central point
C. The minimum point
D. The vertical point
10 Canons of taxation describes:
A. Marshall
B. Keynes
C. Robbins
D. Adam Smith

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