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

Inflation on prices:

Question # 2

The shape of AR and MR under perfect competition is:

Question # 3

Marginal cost curve always intersects average cost curve at:

Question # 4

In February 2006, the Avian Influenza was reported by poultry farm in:

Question # 5

In inflation prices:

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NAT-II Economy Chapter 0 Important MCQ's

Sr.# Question Answer
1 In February 2006, the Avian Influenza was reported by poultry farm in:
A. Hyderabad
B. Karachi
C. Multan
D. Charsadda
2 In inflation prices:
A. Increase
B. Do not change
C. Decrease
D. Become zero
3 The economy gets maximum prosperity during:
A. Recession
B. Recovery
C. Boom
D. Depression
4 As compared to existing firms, a new firm entering in monopolist market has:
A. High costs
B. Low costs
C. Equal costs
D. None of the given options
5 The economy gets prosperity during:
A. Recession
B. Boom
C. Depression
D. Recovery
6 Which group of the following showed a negative growth of -58.6 percent during 2005-06?
A. Chemicals
B. Petroleum
C. Electricals
D. Basic Metals
7 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
8 Name the water project to be completed in April 2009:
A. Gomal Zam Dam
B. Rainee Canal
C. Kachhi Canal
D. Mirani Dam
9 Which of the following event will lead towards cost-push inflation and therefore stagflation?
A. An increase in taxes on individuals
B. A decrease in real interest rates
C. A union settlement that increases wage levels
D. An increase in government purchases
10 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

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