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

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

Question # 2

How much amount was allocated for Prime Minister's special intiative for livestock during 2005-06 ?

Question # 3

As compared to existing firms, a new firm entering in monopolist market has:

Question # 4

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

Question # 5

Macro Economics was introduced by

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 The share of the automobile group in manufacturing group in 2005-06 was:
A. 20.2 percent
B. 29.7 percent
C. 14.4 percent
D. 16.8 percent
2 Average revenue is equal to:
A. Price
B. Total revenue
C. Marginal revenue
D. Average cost
3 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
4 The growth rate of Sri-lanka in 2005-06?
A. 4.4 percent
B. 5.9 percent
C. 1.8 percent
D. 7.5 percent
5 Price floor results in:
A. All of the given options
B. Excess supply.
C. Equilibrium
D. Excess demand
6 The total cost (TC) function is given as: TC = 200 + 5Q. What is the fixed cost?
A. 5Q
B. 5
C. 5 + (200/Q)
D. 200
7 Given the amount of gross fixed investment percentage of GDP during 2005-06.
A. 14.2 percent
B. 18.4 percent
C. 25.0 percent
D. 26.6 percent
8 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
9 The economy gets prosperity during:
A. Recession
B. Boom
C. Depression
D. Recovery
10 The economy gets maximum prosperity during:
A. Recession
B. Recovery
C. Boom
D. Depression

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