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

What was the share of livestock to the GNP during 2005-06?

Question # 2

In 2005-06 the growth rate of Saudi Arabia was 6.5 percent, Kuwait 8.5 percent and Bangladesh 5.8 percent. What was the growth rate of Iran?

Question # 3

Rent of building is included in:

Question # 4

Which of the following will be TRUE if real income rose and the interest rate fell following an increase in government purchases?

Question # 5

During 2005-06 maize was grown on an area of 982 thousand hectares and its production 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 During a year aggregate value of produced goods and services of a country is called:
A. Per-capita income
B. Net national income
C. Personal income
D. Gross national product
3 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
4 Macro Economics was introduced by
A. Alfred Marshall
B. J.M. Keynes
C. N.W. Senior
D. J.B. Clark
5 Who described Economies as a science of wealth:
A. Piguo
B. Adam Smith
C. Robbins
D. Marshall
6 The production of gram in 2005-06, in thousand tons was:
A. 450
B. 500
C. 527
D. 750
7 Income elasticity show the relationship between:
A. Income and demand
B. Income and consumption
C. Income and price
D. Income and saving
8 Consumer goods are those goods which are used by a man:
A. Directly
B. Off and On
C. Indirectly
D. Never
9
The aggregate supply curve is the relationship between:
A.
The price level and the real domestic output purchased
B.
The price level and the real domestic output produced
C.
The price level which producers are willing to accept and the price level purchasers are willing to pay.
D.
The real domestic output purchased and the real domestic output produced.
10 The GDP growth rate of agriculture sector in 2005-06 was:
A. 2.5 percent
B. 4.3 percent
C. 1.6 percent
D. 9.3 percent

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