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

When price falls supply:

Question # 2

The growth rate of Sri-lanka in 2005-06?

Question # 3

Personal income includes:

Question # 4

What was the growth recorded by the manufacturing sector during 2005-06?

Question # 5

A good for which income and quantity demanded are inversely related is known as:

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 In 2005-06, bajra was grown on 438 thousand hectares and its production in thousand tons was:
A. 190
B. 221
C. 350
D. 475
2 A firm is charging a different price for each unit purchased by a consumer.This is called:
A. First-degree price discrimination
B. Second-degree price discrimination
C. Third-degree price discrimination
D. None of the given options
3 The methods of measuring elasticity of supply are:
A. Three
B. Two
C. Four
D. Five
4 Consumer goods are those goods which are used by a man:
A. Directly
B. Off and On
C. Indirectly
D. Never
5 Inflation on prices:
A. Decrease
B. Remains constant
C. Increase
D. Become zero
6 The long run aggregate supply curve will shift to the right if:
A. The price level increases.
B. Factors of production (such as labor and capital) increase
C. Expenditures (such as consumption and net exports) increase.
D. The prices of inputs used to produce goods and services (such as wages and the price of oil)descreases
7 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
8 Who wrote "The Nature and Significance of Economics":
A. Adam Smith
B. Marshall
C. Robbins
D. Keynes
9 Who presented the quantity theory of money:
A. Marshall
B. Robbins
C. Taussig
D. Keynes
10 The production of gram in 2005-06, in thousand tons was:
A. 450
B. 500
C. 527
D. 750

Test Questions

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