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NAT II Management Science Economy MCQs With Answers
Question # 1
In 2005-06, the crop area of sugarcane in thousand hectares was:
Choose an answer
540
642
756
907
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Question # 2
What was the share of livestock to the GNP during 2005-06?
Choose an answer
4.7percent
6.5percent
3.5percent
8.0percent
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Question # 3
In 2005-06, the crop area of cotton was 3,096 thousand hectares and the crop area of rice was:
Choose an answer
2,620
982
8,303
4,702
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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?
Choose an answer
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
If we compare Gross Domestic Product (GDP) with Gross National
1. Product (GNP) then:
Choose an answer
GNP = GDP - Net income from abroad
GNP = GDP + Net income from abroad
GNP = NNP - Net income from abroad
GNP = NNP + Net income from abroad
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Question # 6
For a study of the long term growth of the economy, we use:
Choose an answer
Real GNP
Nominal GNP
Personal income
Disposable personal income
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