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NAT II Management Science Economy MCQs With Answers
Question # 1
How much amount was allocated for Prime Minister's special intiative for livestock during 2005-06 ?
Choose an answer
Rs. 672 million
Rs. 812 million
Rs. 1,696 million
Rs. 2,400 million
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Question # 2
During 2005-06, the construction sector contributed 9.2 percent to GNP and the share of fishing was:
Choose an answer
9.2percent
4.4percent
1.9percent
-3.6percent
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Question # 3
Given the amount of gross fixed investment percentage of GDP during 2005-06.
Choose an answer
14.2 percent
18.4 percent
25.0 percent
26.6 percent
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Question # 4
What was the production of wheat in million tones during 2005-06?
Choose an answer
16.6
21.7
26.2
30.8
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Question # 5
Under the kinked demand curve model, an increase in marginal cost will lead to:
Choose an answer
An increase in output level and a decrease in price.
A decrease in output level and an increase in price.
A decrease in output level and no change in price.
Neither a change in output level our a change in price.
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Question # 6
What is the interest rate effect that explains why the aggregate demand curve slopes downward?
Choose an answer
It refers to the effect of changes in the price level on quantity of investment demanded which in turn affects interest rates
It refers to the effect of interest rates on borrowing which in turn affects consumption spending.
It refers to the effect of changes in the price level on interest rates which in turn affects the quantity of investment demanded
It refers to the shifts in aggregate demand when interest rates change
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