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NAT II Management Science Economy MCQs With Answers
Question # 1
What was the contribution of the services sector to the GNP in FY 2005-06.
Choose an answer
9.2 percent
3.5 percent
8.8 percent
4.7 percent
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Question # 2
How many methods can be used for cultivation:
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One
Two
Three
Four
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Question # 3
In 2005-06 total production of fish inland and marine in Pakistan was:
Choose an answer
5,81,000 tons
6,72,000 tons
7,44,000 tons
8,33,000 tons
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Question # 4
What is deducted from GNP to find GDP:
Choose an answer
Depreciation allowance
Net income received from abroad
Indirect as
Transfer payments
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Question # 5
A market is said to be in equilibrium when:
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Demand equals output
There is downward pressure on price
The amount consumers wish to buy at the current price equals the amount producers wish to sell at that price
All buyers are able to find sellers willing to sell to them at the current price
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Question # 6
Which Economists presented the law of diminishing marginal utility:
Choose an answer
Robbins
Malthus
Adam Smith
Marshall
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