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 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 # 2

The quality of a commodity which satisfies the human wants:

Question # 3

The Diamer Bhasha Dam will be completed in :

Question # 4

Due to devaluation exports become:

Question # 5

A monopolistically competitive firm in the long run equilibrium:

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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 Who presented the quantity theory of money:
A. Marshall
B. Robbins
C. Taussig
D. Keynes
3 What was the share of the major crops of value added in agriculture in 2005-06?
A. 24.2percent
B. 35.2percent
C. 39.1percent
D. 45percent
4
The market structure in which strategic considerations are most important is:
A. Monopolistic competition.
B. Oligopoly.
C. Pure competition.
D. Pure monopoly.
5 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
6 When national income is increases:
A. Standard of living increases
B. Standard of living decreases
C. Remains same
D. Bad thing
7 The supply of perishable goods is:
A. Fixed
B. Variable
C. Minor change
D. Zero
8 What was the share of livestock to the GNP during 2005-06?
A. 4.7percent
B. 6.5percent
C. 3.5percent
D. 8.0percent
9
As more of a good is consumed, then total utility typically:
A. Increases at a decreasing rate.
B.
Decreases as long as marginal utility is negative
C.
Decreases as long as marginal utility is positive
D.
Is negative as long as marginal utility is decreasing.
10 The interest rate parity is the basic identity that relates which of the following?
A. Interest rates and exchange rates
B. Interest rates and inflation rate
C. Exchange rates and inflation rate
D. Discount rate and inflation rate

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