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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

The economy gets maximum prosperity during:

Choose an answer

Recession

Recovery

Boom

Depression

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Question # 3

Name the water project to be completed in April 2009:

Choose an answer

Gomal Zam Dam

Rainee Canal

Kachhi Canal

Mirani Dam

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Question # 4

Who criticized Prof. Robbin's definition?

Choose an answer

Marshall, J.B

Beveridge

Clark

Pigeou

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Question # 5

Which of the following large-scale items showed a negative growth of -47.97 percent during July-March 2005-06?

Choose an answer

Sugar

Vegetable Ghee

Billets

Cement

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Question # 6

During 2005-06 maize was grown on an area of 982 thousand hectares and its production was:

Choose an answer

3.5 million tones

4.2 million tones

5.2 million tones

6.7 million tones

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Question # 7

In monopoly, which of the following is NOT true?

Choose an answer

Products are differentiated

There is freedom of entry and exit into the industry in the long run

The firm is a price maker

There is one main seller

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Question # 8

In 2005-06 the growth rate of Saudi Arabia was 6.5 percent, Kuwait 8.5 percent and Bangladesh 5.8 percent. What was the growth rate of Iran?

Choose an answer

4.2 percent

3.1 percent

6.7 percent

5.9 percent

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Question # 9

What was the share of the major crops of value added in agriculture in 2005-06?

Choose an answer

24.2percent

35.2percent

39.1percent

45percent

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