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

00:00
Question # 1

Given the amount of gross fixed investment percentage of GDP during 2005-06.

Question # 2

In inflation prices:

Question # 3

The aggregate supply curve is the relationship between:

Question # 4

Which group of the following showed a negative growth of -58.6 percent during 2005-06?

Question # 5

Name the water project to be completed in April 2009:

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 Consumer goods are those goods which are used by a man:
A. Directly
B. Off and On
C. Indirectly
D. Never
2 In 2005-06 total production of fish inland and marine in Pakistan was:
A. 5,81,000 tons
B. 6,72,000 tons
C. 7,44,000 tons
D. 8,33,000 tons
3 Reward for capital is called:
A. Rent
B. Interest
C. Wages
D. Profit
4 Rent of building is included in:
A. Fixed cost
B. Variable cost
C. Marginal cost
D. Selling cost
5 In 2005-06, the percentage of total investment to GDP was:
A. 8 percent
B. 10percent
C. 15percent
D. 20percent
6 Phases of trade cycle are:
A. One
B. Three
C. Two
D. Four
7 An increase in supply is shown by:
A. Shifting the supply curve to the left
B. Shifting the supply curve to the right
C. Upward movement along the supply curve
D. Downward movement along the supply curve
8 The share of agriculture in the national economy in 2005-06, was:
A. 21.6percent
B. 16.2percent
C. 12.8percent`
D. 13.4percent
9 The supply of perishable goods is:
A. Fixed
B. Variable
C. Minor change
D. Zero
10 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.

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