Question # 1

Which sector contributed to 22 percent to GDP in Pakistan in 2005-06?

Services

Transport

Mining

Agriculture

Personal income includes:

Direct taxes

Indirect taxes

Undivided profit

Both 2nd and 3rd

The quality of a commodity which satisfies the human wants:

Usefulness

Loss

Utility

Return

What was the contribution of the services sector to the GNP in FY 2005-06.

9.2 percent

3.5 percent

8.8 percent

4.7 percent

According to law of increasing return, marginal product:

Increases

Decreases

Remains constant

None of these

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?

4.2 percent

3.1 percent

6.7 percent

5.9 percent

NAT II Management Science Economy MCQs With Answers