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

In 2005-06, the percentage of total investment to GDP was:

Question # 2

The interest rate parity is the basic identity that relates which of the following?

Question # 3

If we compare Gross Domestic Product (GDP) with Gross National
1. Product (GNP) then:

Question # 4

What was the difficulty in the barter System:

Question # 5

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

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 The quality of a good which satisfies a human want is called as:
A. Service
B. Cost
C. Utility
D. None
2 In 2005-06 the share of chemicals was 9.08 percent and the share of electricals was:
A. 4.6 percent
B. 8.2 percent
C. 11.78 percent
D. 16.3 percent
3 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
4
A monopolistically competitive firm in the long run equilibrium:
A. Will make negative profit.
B. Will make zero profit.
C. Will make positive profit
D. Any of the given are possible.
5 During 2005-06, the construction sector contributed 9.2 percent to GNP and the share of fishing was:
A. 9.2percent
B. 4.4percent
C. 1.9percent
D. -3.6percent
6 What was the production of cotton in 2005-06?
A. 12.4million bales
B. 16.2 millionbales
C. 18.8 million bales
D. 24.1 million bales
7 A tax on the accounting profits of corporations is known as:
A. Sales tax
B. Excise tax
C. Corporate income tax
D. Personal income tax
8 Which group of the following showed a negative growth of -58.6 percent during 2005-06?
A. Chemicals
B. Petroleum
C. Electricals
D. Basic Metals
9 Mairani Dam is being built in Balochistan Gomal Zam Dam in NWFP and Diamer Bhasha Dam in the region of:
A. Punjab
B. Northern Areas
C. NWFP
D. Sindh
10 The production of gram in 2005-06, in thousand tons was:
A. 450
B. 500
C. 527
D. 750

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