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

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

Question # 2

The aggregate supply curve is the relationship between:

Question # 3

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

Question # 4

Who is the writer of Wealth of Nation?

Question # 5

In 2005-06 total production of fish inland and marine in Pakistan was:

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 What was the production of wheat in million tones during 2005-06?
A. 16.6
B. 21.7
C. 26.2
D. 30.8
2 What was the production of cotton in 2005-06?
A. 12.4million bales
B. 16.2 millionbales
C. 18.8 million bales
D. 24.1 million bales
3 What was the growth recorded by the manufacturing sector during 2005-06?
A. 4.2 percent
B. 5.5percent
C. 7.3percent
D. 8.6percent
4 In inflation prices:
A. Increase
B. Do not change
C. Decrease
D. Become zero
5 Reward for capital is called:
A. Rent
B. Interest
C. Wages
D. Profit
6 What was the difficulty in the barter System:
A. Excess of goods
B. Difference language
C. Lack of co-incidence
D. Difference in profession
7
As more of a good is consumed, then total utility typically:
A. Increases at a decreasing rate.
B.
Decreases as long as marginal utility is negative
C.
Decreases as long as marginal utility is positive
D.
Is negative as long as marginal utility is decreasing.
8 What was the number of buffaloes in 2005-06?
A. 12 million
B. 28.4 million
C. 34 million
D. 40 million
9 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
10 Rent of building is included in:
A. Fixed cost
B. Variable cost
C. Marginal cost
D. Selling cost

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