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

Consumer goods are those goods which are used by a man:

Question # 2

The per capita income was $742 in 2004-05 but in 2005-06, rose to:

Question # 3

The market structure in which strategic considerations are most important is:

Question # 4

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

Question # 5

If money supply is fixed by the central bank then in interest rate money supply space, money supply curve will be:

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 The economy gets prosperity during:
A. Recession
B. Boom
C. Depression
D. Recovery
2 How many methods can be used for cultivation:
A. One
B. Two
C. Three
D. Four
3 Which of the following is TRUE for a Giffen good?
A. Its marginal utility is zero
B. Its demand curve is perfectly elastic
C. Its substitution effect is positive
D. Its demand curve is positively sloped
4 International trade has the benefits:
A. One
B. Three
C. Two
D. Unlimited
5 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
6 A good for which income and quantity demanded are inversely related is known as:
A. Inferior good
B. Complementary good
C. Normal good
D. None of the given options
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 For a study of the long term growth of the economy, we use:
A. Real GNP
B. Nominal GNP
C. Personal income
D. Disposable personal income
9 What was the percentage in the production of cotton yarn during July-March 2005-06?
A. 11.1 percent
B. 15.2 percent
C. 17.6 percent
D. 19.2 percent
10 The share of the automobile group in manufacturing group in 2005-06 was:
A. 20.2 percent
B. 29.7 percent
C. 14.4 percent
D. 16.8 percent

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