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

When price falls supply:

Question # 2

The supply of perishable goods is:

Question # 3

To find the profit maximizing level of output, a firm finds the output level where:

Question # 4

Which of the following is true about supply curve under monopoly?

Question # 5

Phases of trade cycle are:

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 How many methods can be used for cultivation:
A. One
B. Two
C. Three
D. Four
2 If money supply is fixed by the central bank then in interest rate money supply space, money supply curve will be:
A. Horizontal
B. Vertical
C. Negatively sloped
D. Positively sloped
3 Inflation on prices:
A. Decrease
B. Remains constant
C. Increase
D. Become zero
4 Reward the labour is:
A. Interest
B. Wages
C. Profit
D. Rent
5 What was the share of livestock to the GNP during 2005-06?
A. 4.7percent
B. 6.5percent
C. 3.5percent
D. 8.0percent
6 Reward for capital is called:
A. Rent
B. Interest
C. Wages
D. Profit
7 The Kachhi Canal water project shall be completed in:
A. September 2008
B. June 2008
C. April 2009
D. December 2008
8 If pen and ink are complements, then an increase in the price of pen will cause:
A. An increase in the price of ink
B. Less ink to the demanded at each price
C. A decrease in the demand for pen
D. A rightward shift in the demand curve for ink
9 In 2005-06, the crop area of sugarcane in thousand hectares was:
A. 540
B. 642
C. 756
D. 907
10
The market structure in which strategic considerations are most important is:
A. Monopolistic competition.
B. Oligopoly.
C. Pure competition.
D. Pure monopoly.

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