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NAT II Management Science Economy MCQs With Answers
Question # 1
Who is the writer of Wealth of Nation?
Choose an answer
Marshall
Adam Smith
Robbins
Keynes
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Question # 2
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 # 3
What was the percentage in the production of cotton yarn during July-March 2005-06?
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11.1 percent
15.2 percent
17.6 percent
19.2 percent
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Question # 4
According to law of diminishing marginal utility, the marginal utility:
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Increases
Remains constant
Diminshes
Negative
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Question # 5
The production of gram in 2005-06, in thousand tons was:
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450
500
527
750
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Question # 6
Real GDP is equal to:
Choose an answer
Nominal GDP - Inflation
Nominal GDP + Inflation
Nominal GDP / Inflation
Inflation / Nominal GDP
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