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NAT II Management Science Economy MCQs With Answers
Question # 1
The Kachhi Canal water project shall be completed in:
Choose an answer
September 2008
June 2008
April 2009
December 2008
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Question # 2
Which ASEAN nation had the highest growth rate of 7.5 percent in 2005-06?
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Indonesia
Malaysia
Vietnam
Thailand
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Question # 3
Give the share of commodity producing the sector in the GNP in 2005-06?
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2.5 percent
4.3percent
3.8percent
7.2percent
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Question # 4
Who described Economies as a science of wealth:
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Piguo
Adam Smith
Robbins
Marshall
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Question # 5
Which of the following will be TRUE if real income rose and the interest rate fell following an increase in government purchases?
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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 # 6
The price elasticity of demand measures the responsiveness of quantity demanded to:
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Quantity demanded
Quantity supplied
Price
Output
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