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

  • Total Questions5

  • Time Allowed5

Start Test Download PDF

NAT II Management Science Economy

00:00
Question # 1

Inflation on prices:

Question # 2

Which Economists presented the law of diminishing marginal utility:

Question # 3

What was the production of rice in million tons in 2005-06?

Question # 4

What was the share of livestock to the GNP during 2005-06?

Question # 5

Which of the following economists came up with a theory regarding the tradeoff between unemployment and inflation?

Submit

Prepare Complete Set Wise NAT II Management Science Economy MCQs Online With Answers


Topic Test

00:00
Submit

Top Scorers Of NAT II Management Science Economy MCQ`s Test

  • M
    Maya Kumari 04 - Jun - 2022 00 Min 21 Sec 5/5
  • U
    Unknown 19 - Jun - 2022 00 Min 30 Sec 5/5
  • A
    Ali 18 - Aug - 2018 00 Min 32 Sec 5/5
  • A
    abdullah 17 - Jan - 2019 00 Min 37 Sec 5/5
  • M
    Mahnoor Rajpoot 31 - Jul - 2024 00 Min 42 Sec 5/5
  • A
    Aswa Ali 08 - Dec - 2022 00 Min 43 Sec 5/5
  • A
    AnS b!lal 10 - Mar - 2018 00 Min 52 Sec 5/5
  • F
    fzl 04 - Jun - 2018 01 Min 24 Sec 5/5
  • N
    noor 21 - Jul - 2018 00 Min 20 Sec 4/5
  • S
    simi 16 - Aug - 2018 01 Min 09 Sec 4/5
  • M
    madiha 17 - Jul - 2018 01 Min 10 Sec 4/5
  • H
    Hira shabbir 07 - Jan - 2019 01 Min 12 Sec 4/5
  • S
    Shen Ze 27 - Mar - 2023 01 Min 14 Sec 4/5
  • J
    junaid qureshi 30 - May - 2018 01 Min 16 Sec 4/5
  • M
    Muhammad Asad 08 - Mar - 2018 01 Min 21 Sec 4/5

NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 Reward for capital is called:
A. Rent
B. Interest
C. Wages
D. Profit
2 International trade has the benefits:
A. One
B. Three
C. Two
D. Unlimited
3 A market is said to be in equilibrium when:
A. Demand equals output
B. There is downward pressure on price
C. The amount consumers wish to buy at the current price equals the amount producers wish to sell at that price
D. All buyers are able to find sellers willing to sell to them at the current price
4 For knowing the spending capacity of the household sector, we have to use the concept of:
A. National income
B. Personal income
C. Private income
D. Personal disposable income
5 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
6 The price elasticity of demand for any good must be less than or equal to zero unless:
A. The good is a necessity.
B. The good is a luxury.
C. The good is a Ciffen good.
D. None of the given options.
7 The share of agriculture in the national economy in 2005-06, was:
A. 21.6percent
B. 16.2percent
C. 12.8percent`
D. 13.4percent
8 What is deducted from GNP to find GDP:
A. Depreciation allowance
B. Net income received from abroad
C. Indirect as
D. Transfer payments
9 The GDP growth rate of agriculture sector in 2005-06 was:
A. 2.5 percent
B. 4.3 percent
C. 1.6 percent
D. 9.3 percent
10 What was the number of buffaloes in 2005-06?
A. 12 million
B. 28.4 million
C. 34 million
D. 40 million

Test Questions