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

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NAT II Management Science Economy

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Question # 1

A monopolistically competitive firm in the long run equilibrium:

Question # 2

The quality of a good which satisfies a human want is called as:

Question # 3

During 2005-06, the construction sector contributed 9.2 percent to GNP and the share of fishing was:

Question # 4

The economy gets prosperity during:

Question # 5

In 2005-06, the crop area of cotton was 3,096 thousand hectares and the crop area of rice was:

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 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
2 Inflation will be useful for:
A. Labourers
B. Industrialist
C. Consumers
D. Pensioners
3 Reward for capital is called:
A. Rent
B. Interest
C. Wages
D. Profit
4 Due to devaluation exports become:
A. Smaller
B. Larger
C. Cheaper
D. Expensive
5 The production of gram in 2005-06, in thousand tons was:
A. 450
B. 500
C. 527
D. 750
6 Who is responsible for profit and loss in the business:
A. Capitalist
B. Entrepreneur
C. Labour
D. Middleman
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 The per capita income was $742 in 2004-05 but in 2005-06, rose to:
A. $ 795
B. $ 847
C. $ 880
D. $900
9 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
10 For a study of the long term growth of the economy, we use:
A. Real GNP
B. Nominal GNP
C. Personal income
D. Disposable personal income

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