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

NAT I Commerce

00:00
Question # 1

Macro Economics was introduced by

Question # 2

The other name of law of decreasing return is

Question # 3

The unity method of elasticity of demand was presented by

Question # 4

The quality of a commodity which satisfy the human wants

Question # 5

The quality of a good which satisfies a human want is called as

Question # 6

Average revenue is equal to

Question # 7

When price falls supply

Question # 8

What was the difficulty in the barter system

Question # 9

Inflation will be useful for

Question # 10

Who described Economics as a science of wealth

Question # 11

The supply of perishable goods is

Question # 12

Personal income means

Question # 13

National income dose not include

Question # 14

National income period is

Question # 15

The supply of land is

Question # 16

International trade has the benefits?

Question # 17

Which Economists presented the law of diminishing marginal utility

Question # 18

Who presented the quantity theory of money

Question # 19

Consumer goods are those goods which are used by a man

Question # 20

Inflation on prices


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

Top Scorers of NAT I Commerce

  • M
    Muneeb Ullah 14 - Jul - 2024 119 Min 58 Sec 55/90
  • M
    Meera Ali 28 - Jul - 2024 35 Min 54 Sec 50/90
  • M
    mouazzama zahoor 07 - Dec - 2024 96 Min 37 Sec 48/90
  • P
    Pgcboy Pgcboy333 28 - Dec - 2024 34 Min 17 Sec 47/90
  • B
    Bilal Hussain 17 - Nov - 2024 48 Min 16 Sec 40/90
  • S
    shifa awan 24 - Jul - 2024 72 Min 40 Sec 40/90
  • S
    Shuja Ali Shaikh 12 - Jul - 2024 85 Min 17 Sec 40/90
  • D
    Dilu Khan 28 - Dec - 2024 46 Min 40 Sec 37/90
  • I
    Ibrahim Zahid 09 - Jul - 2024 00 Min 40 Sec 36/90
  • F
    Faizan Ali 10 - Aug - 2024 31 Min 55 Sec 36/90
  • M
    Momin Nawaz 25 - Jul - 2024 41 Min 10 Sec 30/90
  • S
    Saniah 22 - Jul - 2024 80 Min 37 Sec 30/90
  • M
    mahad bhatti 20 - Jul - 2024 73 Min 56 Sec 29/90
  • S
    Syed Dawoud Khalid 10 - Nov - 2024 15 Min 31 Sec 28/90
  • H
    home home 29 - Aug - 2024 09 Min 26 Sec 27/90
Sr.# Question Answer
1 Rent of building is included in
A. Fixed cost
B. Variable cost
C. Marginal
2 Who described Economics as a science of wealth
A. Piguo
B. Adam Smith
C. Robbins
D. Marshall
3 In inflation prices
A. Increases
B. Do not change
C. Decrease
D. Become zero
4 International trade has the benefits
A. One
B. Unlimited
C. Two
D. Three
5 It is a Federal Tax
A. Excise duty
B. Local tax
C. Property tax
D. None
6 Inflation on prices
A. Decrease
B. Remains constant
C. Increase
D. Become zero
7 National income period is
A. One year
B. Three year
C. Two year
D. Four year
8 When price falls supply
A. Expands
B. Remains zero
C. Contrasts
D. Become fixed
9 Canons of taxation describes
A. Marshall
B. Keynes
C. Robbins
D. Adam Smith
10 According to law of diminishing marginal utility the marginal utility
A. Increase
B. Remains constant
C. Diminishes
D. Negative
11 The other name of law of decreasing return is
A. Law of decreasing cost
B. Law of Increasing cost
C. Law of constant cost
D. Law of increasing return
12 Macro Economics was introduced by
A. Alfred Marshall
B. J.M.keynes
C. N,W Senior
D. J.B Clark
13 The unity method of elasticity of demand was presented by
A. Adam Smith
B. Marshall
C. J.R Hicks
D. Pigeou
14 Slope of demand curve is
A. Negative
B. Zero
C. Positive
D. Fixed
15 Phases of trade cycle are
A. One
B. Three
C. Two
D. Four
16 Personal income includes
A. Direct taxes
B. Indirect taxes
C. Undivided profit
17 Income elasticity show the relationship between
A. Income and demand
B. Income and consumption
C. Income and price
D. Income and saving
18 Due to devaluation exports become
A. Smaller
B. Larger
C. Cheaper
D. Expensive
19 The supply of land is
A. Infinity
B. Fixed
C. Variable
D. Zero
20 Who criticized Prof.Robbin's definition?
A. Marshall.J.B
B. Beveridge
C. Clark
D. Pigeou

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.

Test Questions

Is this page helpful?