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

Which of the following large-scale items showed a negative growth of -47.97 percent during July-March 2005-06?

Question # 2

Reward for capital is called:

Question # 3

As more of a good is consumed, then total utility typically:

Question # 4

Price floor results in:

Question # 5

A nation's balance of payments can be affected by changes in:

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 What was the difficulty in the barter System:
A. Excess of goods
B. Difference language
C. Lack of co-incidence
D. Difference in profession
2 In inflation prices:
A. Increase
B. Do not change
C. Decrease
D. Become zero
3 Phases of trade cycle are:
A. One
B. Three
C. Two
D. Four
4 According to law of diminishing marginal utility, the marginal utility:
A. Increases
B. Remains constant
C. Diminshes
D. Negative
5 The real exchange rate is defined as the:
A. Market exchange rate adjusted for prices
B. Market exchange rate adjusted for interest rates
C. Market exchange rate
D. Exchange rate determined by the government
6 In 2005-06 total production of fish inland and marine in Pakistan was:
A. 5,81,000 tons
B. 6,72,000 tons
C. 7,44,000 tons
D. 8,33,000 tons
7 The share of agriculture in the national economy in 2005-06, was:
A. 21.6percent
B. 16.2percent
C. 12.8percent`
D. 13.4percent
8 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
9 If we compare Gross Domestic Product (GDP) with Gross National
1. Product (GNP) then:
A. GNP = GDP - Net income from abroad
B. GNP = GDP + Net income from abroad
C. GNP = NNP - Net income from abroad
D. GNP = NNP + Net income from abroad
10 The Diamer Bhasha Dam will be completed in :
A. 2009
B. 2010
C. 2012
D. 2015

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