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

Who wrote The Nature and Significance of Economics

Question # 2

In monopoly the number of firms is

Question # 3

Macro Economics was introduced by

Question # 4

The supply of land is

Question # 5

What is deducted from GNP to find GDP

Question # 6

International trade has the benefits

Question # 7

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

Question # 8

The supply of perishable goods is

Question # 9

National income period is

Question # 10

Rent of building is included in

Question # 11

National income dose not include

Question # 12

During a year aggregate value of produced goods and services of a country is called

Question # 13

According to law of diminishing marginal utility the marginal utility

Question # 14

Personal income means

Question # 15

How many methods can be used for cultivation

Question # 16

Who criticized Prof.Robbin's definition?

Question # 17

Income elasticity show the relationship between

Question # 18

The methods of measuring elasticity of supply are

Question # 19

Who is responsible for profit and loss in the business

Question # 20

When price falls supply

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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 Macro Economics was introduced by
A. Alfred Marshall
B. J.M.keynes
C. N,W Senior
D. J.B Clark
2 Inflation on prices
A. Decrease
B. Remains constant
C. Increase
D. Become zero
3 Marginal cost curve always intersects average cost curve at
A. The maximum point
B. The central point
C. The minimum point
D. The vertical point
4 The supply of land is
A. Infinity
B. Fixed
C. Variable
D. Zero
5 Personal income includes
A. Direct taxes
B. Indirect taxes
C. Undivided profit
6 The quality of a good which satisfies a human want is called as
A. Service
B. Cost
C. Utility
D. None
7 The unity method of elasticity of demand was presented by
A. Adam Smith
B. Marshall
C. J.R Hicks
D. Pigeou
8 Slope of demand curve is
A. Negative
B. Zero
C. Positive
D. Fixed
9 According to law of diminishing marginal utility the marginal utility
A. Increase
B. Remains constant
C. Diminishes
D. Negative
10 The supply of perishable goods is
A. Fixed
B. Variable
C. Minor change
D. Zero
11 National income dose not include
A. Profit
B. Wages
C. Interest
D. Transfer payments
12 Consumer goods are those goods which are used by a man
A. Directly
B. Off and On
C. Indirectly
D. Never
13 In inflation prices
A. Increases
B. Do not change
C. Decrease
D. Become zero
14 Phases of trade cycle are
A. One
B. Three
C. Two
D. Four
15 International trade has the benefits?
A. One
B. Three
C. Two
D. Unlimited
16 What is deducted from GNP to find GDP
A. Depreciation allowance
B. Net income received from abroad
C. Indirect tax
D. Transfer payments
17 Average revenue is equal to
A. Price
B. Marginal revenue
C. Total revenue
D. Average cost
18 Which Economists presented the law of diminishing marginal utility
A. Robbins
B. Malthus
C. Adam Smith
D. Marshall
19 Factors of productions are
A. One
B. Three
C. Two
D. Four
20 The economy gets maximum prosperity during
A. Recession
B. Recovery
C. Boom
D. Depression

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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