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

In the short run, the equilibrium price level and the equilibrium level of total output are determined by the intersection of:

Question # 3

In 2005-06 which country had the highest growth rate among the following?

Question # 4

Given the amount of gross fixed investment percentage of GDP during 2005-06.

Question # 5

An increase in supply is shown by:

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 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
2 Which economist presented the Cardinal Theory of Utility:
A. Marshall
B. Canon
C. Kroose
D. J.B. Say
3 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
4 Give the production of sugarcane in Pakistan in 2005-06?
A. 22 millions tons
B. 33 million tons
C. 44 million tons
D. 55 million tons
5 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
6 The methods of measuring elasticity of supply are:
A. Three
B. Two
C. Four
D. Five
7 The economy gets prosperity during:
A. Recession
B. Boom
C. Depression
D. Recovery
8 Average revenue is equal to:
A. Price
B. Total revenue
C. Marginal revenue
D. Average cost
9 Who is responsible for profit and loss in the business:
A. Capitalist
B. Entrepreneur
C. Labour
D. Middleman
10 For knowing the spending capacity of the household sector, we have to use the concept of:
A. National income
B. Personal income
C. Private income
D. Personal disposable income

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