NAT ICOM Commerce Test Preparation for Pakistani Students

National testing service (NTS) in Pakistan is the commanding body that is performing its duties under the rules of government. The commanding body is responsible for conducting various for job as well as for admission in NTS associated universities. NAT test is mainly held for the admission in universities at bachelor’s level. The eligibility criteria for the aspirants to appear in the test are twelve years of education while the eligibility criteria for the other tests are different.

NAT test is further consists of six different categories and NAT commerce is one of them. The aspirants appeared in the respective field of study in which they wish to appear. NAT commerce test is for the aspirants who want to continue their studies in commerce field and it is necessary for the students to pass this test as it is the requirement of most of the universities in Pakistan.

NAT I Commerce

Try The NAT I Commerce

  • Total Questions20

  • Time Allowed25

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NAT I Commerce

00:00
Question # 1

Personal income includes

Question # 2

In inflation prices

Question # 3

Who is responsible for profit and loss in the business

Question # 4

Marginal cost curve always intersects average cost curve at

Question # 5

Who criticized Prof.Robbin's definition?

Question # 6

It is a Federal Tax

Question # 7

Macro Economics was introduced by

Question # 8

Slope of demand curve is

Question # 9

How many methods can be used for cultivation

Question # 10

Who is the writer of Wealth of Nation?

Question # 11

The supply of perishable goods is

Question # 12

The methods of measuring elasticity of supply are

Question # 13

The unity method of elasticity of demand was presented by

Question # 14

Factors of productions are

Question # 15

Due to devaluation exports become

Question # 16

Who wrote The Nature and Significance of Economics

Question # 17

In monopoly the number of firms is

Question # 18

Average revenue is equal to

Question # 19

The economy gets prosperity during

Question # 20

Consumer goods are those goods which are used by a man

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Here is List Of Chapter Wise Tests

Ch. # Test Name MCQs Available PDF File Launch Test
1 0 Download PDF Launch Test
2 0 Download PDF Launch Test
3 52 Download PDF Launch Test

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Sr.# Question Answer
1 Who criticized Prof.Robbin's definition?
A. Marshall.J.B
B. Beveridge
C. Clark
D. Pigeou
2 In monopoly the number of firms is
A. One
B. Three
C. Two
D. Four
3 Macro Economics was introduced by
A. Alfred Marshall
B. J.M.keynes
C. N,W Senior
D. J.B Clark
4 Inflation on prices
A. Decrease
B. Remains constant
C. Increase
D. Become zero
5 According to law of diminishing marginal utility the marginal utility
A. Increase
B. Remains constant
C. Diminishes
D. Negative
6 Who is responsible for profit and loss in the business
A. Capitalist
B. Entrepreneur
C. Labour
D. Middleman
7 Who is the writer of Wealth of Nation?
A. Marshall
B. Adam Smith
C. Robbins
D. Keynes
8 It is a Federal Tax
A. Excise duty
B. Local tax
C. Property tax
D. None
9 The economy gets maximum prosperity during
A. Recession
B. Recovery
C. Boom
D. Depression
10 Slope of demand curve is
A. Negative
B. Zero
C. Positive
D. Fixed
11 Income elasticity show the relationship between
A. Income and demand
B. Income and consumption
C. Income and price
D. Income and saving
12 The supply of perishable goods is
A. Fixed
B. Variable
C. Minor change
D. Zero
13 During a year aggregate value of produced goods and services of a country is called
A. Per-capita income
B. Net National income 
C. Personal income
D. Gross national income
14 The unity method of elasticity of demand was presented by
A. Adam Smith
B. Marshall
C. J.R Hicks
D. Pigeou
15 Personal income means
A. Own income
B. Family income
C. Govt.income
D. Old income
16 Inflation will be useful for
A. Labourers
B. Industrialist
C. Consumers
D. Pensioner
17 Reward for capital is called
A. Rent
B. Interest
C. Wages
D. Profit
18 National income dose not include
A. Profit
B. Wages
C. Interest
D. Transfer payments
19 In inflation prices
A. Increases
B. Do not change
C. Decrease
D. Become zero
20 If total expenditure decreases with the rise in price elasticity if demand will be
A. Equal to unity
B. Less than unity
C. Greater than unity
D. Equal to zero

The result of NAT-ICOM is valid for one year and within that one year students are eligible to get admission in the university in which they want. The NAT-ICOM test consists of four different parts that includes English, Analytical, Quantitative and Subject. Each part contains 20 questions except the subject part that contains 30 MCQs. The aspirants have to attempt total 90 MCQs in 120 minutes.

Ilmkidunya is now providing the exceptional opportunity to the aspirants for their best preparations. Ilmkidunya has now introduced the online testing system through students can prepare for their test easily. Undoubtedly, it is an easiest way preparation online. The aspirants are just required to choose the test which they want to take and then click on the start test button. After completing the test simply click on the submit test and the result of test will come in front of the aspirant.

Through the online testing system students can come over their weak points and can prepare themselves for the test in a best way. Students can take the online test as many time as they want.

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