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NAT II Management Science Economy MCQs With Answers
Question # 1
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?
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4.2 percent
3.1 percent
6.7 percent
5.9 percent
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Question # 2
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 # 3
The elasticity of demand of durable goods is:
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Zero
More than unity
Less than unity
Equal to unity
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Question # 4
In February 2006, the Avian Influenza was reported by poultry farm in:
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Hyderabad
Karachi
Multan
Charsadda
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Question # 5
If total expenditure decrease with the rise in prices elasticity of demand will be:
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Equal to unity
Less than unity
Greater than unity
Equal to zero
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Question # 6
Income elasticity show the relationship between:
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Income and demand
Income and consumption
Income and price
Income and saving
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