NAT II Management Science Economy MCQs With Answers

Question # 1

Which sector contributed to 22 percent to GDP in Pakistan in 2005-06?

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Services

Transport

Mining

Agriculture

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Question # 2

For knowing the spending capacity of the household sector, we have to use the concept of:

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National income

Personal income

Private income

Personal disposable income

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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

Which of the following will be TRUE if real income rose and the interest rate fell following an increase in government purchases?

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IS curve must be vertical

LM curve must be vertical

Central Bank must have increased the money supply at the same time

Central Bank must have decreased the money supply at the same time

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Question # 5

The growth rate of Sri-lanka in 2005-06?

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4.4 percent

5.9 percent

1.8 percent

7.5 percent

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Question # 6

In 2005-06, bajra was grown on 438 thousand hectares and its production in thousand tons was:

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190

221

350

475

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