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NAT II Management Science Economy MCQs With Answers
Question # 1
A tax on the accounting profits of corporations is known as:
Choose an answer
Sales tax
Excise tax
Corporate income tax
Personal income tax
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Question # 2
National income does not include:
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Profit
Wages
Interest
Transfer payments
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Question # 3
Inflation will be useful for:
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Labourers
Industrialist
Consumers
Pensioners
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Question # 4
What was the production of cotton in 2005-06?
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12.4million bales
16.2 millionbales
18.8 million bales
24.1 million bales
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Question # 5
Give the production of sugarcane in Pakistan in 2005-06?
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22 millions tons
33 million tons
44 million tons
55 million tons
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Question # 6
An increase in supply is shown by:
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Shifting the supply curve to the left
Shifting the supply curve to the right
Upward movement along the supply curve
Downward movement along the supply curve
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