NAT IIM Management Science Economy Online Test for Pakistani Students

MCQ's Test For NAT II Management Science Economy

Try The MCQ's Test For NAT II Management Science Economy

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NAT II Management Science Economy

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Question # 1

During 2005-06 maize was grown on an area of 982 thousand hectares and its production was:

Question # 2

In monopoly, which of the following is NOT true?

Question # 3

According to law of diminishing marginal utility, the marginal utility:

Question # 4

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

Question # 5

An increase in supply is shown by:

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 A nation's balance of payments can be affected by changes in:
A. Foreign income
B. The differential between domestic and foreign interst rates
C. The real exchange rate
D. All of the given options
2 Consumer goods are those goods which are used by a man:
A. Directly
B. Off and On
C. Indirectly
D. Never
3 Reward the labour is:
A. Interest
B. Wages
C. Profit
D. Rent
4 Which economist presented the Cardinal Theory of Utility:
A. Marshall
B. Canon
C. Kroose
D. J.B. Say
5 In inflation prices:
A. Increase
B. Do not change
C. Decrease
D. Become zero
6 The share of agriculture in the national economy in 2005-06, was:
A. 21.6percent
B. 16.2percent
C. 12.8percent`
D. 13.4percent
7 In 2005-06, bajra was grown on 438 thousand hectares and its production in thousand tons was:
A. 190
B. 221
C. 350
D. 475
8 If we compare Gross Domestic Product (GDP) with Gross National
1. Product (GNP) then:
A. GNP = GDP - Net income from abroad
B. GNP = GDP + Net income from abroad
C. GNP = NNP - Net income from abroad
D. GNP = NNP + Net income from abroad
9 The supply of land is:
A. Infinity
B. Fixed
C. Variable
D. Zero
10 Rent of building is included in:
A. Fixed cost
B. Variable cost
C. Marginal cost
D. Selling cost

Test Questions

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