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NAT II Management Science Economy MCQs With Answers
Question # 1
What was the difficulty in the barter System:
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Excess of goods
Difference language
Lack of co-incidence
Difference in profession
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Question # 2
During a year aggregate value of produced goods and services of a country is called:
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Per-capita income
Net national income
Personal income
Gross national product
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Question # 3
In the FY 2005-06 the GDP growth rate of Euro area was 1.3 percent, the developing nations 8.6 percent and the world was:
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3.5 percent
4.8 percent
4.5 percent
5.5 percent
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Question # 4
The quality of a commodity which satisfies the human wants:
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Usefulness
Loss
Utility
Return
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Question # 5
When national income is increases:
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Standard of living increases
Standard of living decreases
Remains same
Bad thing
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Question # 6
The Kachhi Canal water project shall be completed in:
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September 2008
June 2008
April 2009
December 2008
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