NAT I General Science Economics With Answers

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NAT I General Science Economics

Sr. # Questions Answers Choice
1 Macro Economics was introduced by: Alfred Marshall J.M.Keynes N.W Senior J.B.Clark
2 Personal income includes: Direct taxes Indirect taxes Undivided profit Both 2<sup>nd</sup> and 3<sup>rd</sup>
3 Reward for capital is called: Rent Interest Wages Profit
4 Due to devaluation exports become: Smaller Larger Cheaper Expensive
5 Reward for labour is: Interest Wages Profit Rent
6 How many methods can be used for cultivation One Two Three Four
7 During a year aggregate value of produced goods and services of a country is called: Per-capita income Net national income Personal income Gross national product
8 Marginal cost curve always intersects average cost curve at: The maximum point The central point The minimum point The vertical point
9 The quality of a commodity which satisfies the human wants: Usefulness Loss Utility Return
10 The supply of perishable goods is: Fixed Variable Minor change Zero
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