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

For a firm buying labor competitively, the marginal input cost is equal to the:

Question # 2

In 2005-06, the percentage of total investment to GDP was:

Question # 3

Marginal cost curve always intersects average cost curve at:

Question # 4

The GDP growth rate of agriculture sector in 2005-06 was:

Question # 5

For knowing the spending capacity of the household sector, we have to use the concept of:

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 During 2005-06, the construction sector contributed 9.2 percent to GNP and the share of fishing was:
A. 9.2percent
B. 4.4percent
C. 1.9percent
D. -3.6percent
2 It is a Federal Tax:
A. Excise duty
B. Local Tax
C. Property Tax
D. None
3 What was the share of livestock to the GNP during 2005-06?
A. 4.7percent
B. 6.5percent
C. 3.5percent
D. 8.0percent
4 How much amount was allocated for Prime Minister's special intiative for livestock during 2005-06 ?
A. Rs. 672 million
B. Rs. 812 million
C. Rs. 1,696 million
D. Rs. 2,400 million
5 The Kachhi Canal water project shall be completed in:
A. September 2008
B. June 2008
C. April 2009
D. December 2008
6 What is the interest rate effect that explains why the aggregate demand curve slopes downward?
A. It refers to the effect of changes in the price level on quantity of investment demanded which in turn affects interest rates
B.
It refers to the effect of interest rates on borrowing which in turn affects consumption spending.
C. It refers to the effect of changes in the price level on interest rates which in turn affects the quantity of investment demanded
D. It refers to the shifts in aggregate demand when interest rates change
7 Give the production of sugarcane in Pakistan in 2005-06?
A. 22 millions tons
B. 33 million tons
C. 44 million tons
D. 55 million tons
8 What was the contribution of the services sector to the GNP in FY 2005-06.
A. 9.2 percent
B. 3.5 percent
C. 8.8 percent
D. 4.7 percent
9 Mairani Dam is being built in Balochistan Gomal Zam Dam in NWFP and Diamer Bhasha Dam in the region of:
A. Punjab
B. Northern Areas
C. NWFP
D. Sindh
10 The economy gets prosperity during:
A. Recession
B. Boom
C. Depression
D. Recovery

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