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

Give the production of sugarcane in Pakistan in 2005-06?

Question # 2

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

Question # 3

Who presented the quantity theory of money:

Question # 4

Real GDP is equal to:

Question # 5

In 2005-06 the real GDP growth of USA was 3.5 percent, of China 9.9 percent, Japan 2.7 percent, India 8.0 percent and of Pakistan was:

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 The Kachhi Canal water project shall be completed in:
A. September 2008
B. June 2008
C. April 2009
D. December 2008
2 In February 2006, the Avian Influenza was reported by poultry farm in:
A. Hyderabad
B. Karachi
C. Multan
D. Charsadda
3 National income does not include:
A. Profit
B. Wages
C. Interest
D. Transfer payments
4 The economy gets prosperity during:
A. Recession
B. Boom
C. Depression
D. Recovery
5 What was the percentage in the production of cotton yarn during July-March 2005-06?
A. 11.1 percent
B. 15.2 percent
C. 17.6 percent
D. 19.2 percent
6 Who criticized Prof. Robbin's definition?
A. Marshall, J.B
B. Beveridge
C. Clark
D. Pigeou
7 Canons of taxation describes:
A. Marshall
B. Keynes
C. Robbins
D. Adam Smith
8 Which of the following will be TRUE if real income rose and the interest rate fell following an increase in government purchases?
A. IS curve must be vertical
B. LM curve must be vertical
C. Central Bank must have increased the money supply at the same time
D. Central Bank must have decreased the money supply at the same time
9 Who is the writer of Wealth of Nation?
A. Marshall
B. Adam Smith
C. Robbins
D. Keynes
10 The other name of law of diminishing return is:
A. Law of supply
B. Law of diminishing marginal utility
C. Law of demand
D. Law of increasing cost

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