NAT ICOM Commerce Test Preparation for Pakistani Students

Numerous private and public sector educational institutes in Pakistan of offering admissions in various academic programs have made it compulsory for the aspirants to appear in NAT-I test for getting admission in bachelor’s level program in any discipline and for this reason annually, large numbers of students appears in National Aptitude test held under the supervision of National Testing Services. Every year National testing services in Pakistan organizes NAT test twice or thrice in a year.

The NAT-I test comprises of six different types and the aspirants of inter level take the NAT-I test as per their field of study. The aspirants who have completed their inter level with commerce courses and wants to continue their study in the same field at bachelors level are required to take the NAT-ICOM test. The NAT-ICOM test comprises of total 90 multiple choice questions from various sections which includes verbal, analytical, quantitative as well as subject.

MCQ's Test For NAT I Commerce Commerce

Try The MCQ's Test For NAT I Commerce Commerce

  • Total Questions10

  • Time Allowed15

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NAT I Commerce Commerce

00:00
Question # 1

The formation of Joint stock Company is maintained under

Question # 2

Sole proprietorship is the

Question # 3

We call exchange of goods with goods:

Question # 4

Mudaraba business is commenced with Mudaraba Ordinance

Question # 5

Basic objective of business is

Question # 6

In partnership the age of minor partner is

Question # 7

The appointed directors of the company act as director for

Question # 8

The formation and dissolution of sole proprietorship is

Question # 9

Calculating machine is

Question # 10

The owners of the company are

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Prepare Complete Set Wise NAT I Commerce Commerce MCQs Online With Answers


The subject part in NAT-ICOM test consists of total 30 multiple choice questions of weightage 33.4% from different commerce subjects. The subject portion in NAT-ICOM contains multiple choice questions from the subjects accounting, economics and commerce. The commerce topic in subject portion comprises of total 10 multiple choice questions.

On this page, the aspirants would be able to take NAT-ICOM commerce portion online test. After taking this online test the students would be able to get some knowledge regarding the test and will be able to prepare yourself for their test brilliantly.

Top Scorers Of NAT I Commerce Commerce MCQ`s Test

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    Masooma Mehdi 15 - Dec - 2024 00 Min 30 Sec 10/10
  • M
    mouazzama zahoor 08 - Dec - 2024 00 Min 33 Sec 10/10
  • T
    Taimur Iqbal 07 - Jan - 2025 00 Min 41 Sec 10/10
  • E
    Eshal Hussain 08 - Jul - 2024 00 Min 53 Sec 10/10
  • M
    Muhammad Ali khan 27 - Jul - 2024 00 Min 55 Sec 10/10
  • F
    Funny video Center 13 - Jul - 2024 00 Min 56 Sec 10/10
  • W
    Waseem Ahmad Qureshi 23 - Jul - 2024 01 Min 04 Sec 10/10
  • U
    Unknown 24 - Sep - 2025 01 Min 07 Sec 10/10
  • R
    Raja Shazil 02 - Jul - 2024 01 Min 08 Sec 10/10
  • S
    Saima Khalid 15 - Jul - 2024 01 Min 19 Sec 10/10
  • Q
    qasim siddiqui 27 - Jul - 2024 01 Min 21 Sec 10/10
  • H
    HASSAN RAZA KHAN 28 - Dec - 2024 02 Min 50 Sec 10/10
  • M
    Meera Ali 27 - Jul - 2024 00 Min 51 Sec 9/10
  • A
    AA Fighter 18 - Jul - 2024 00 Min 56 Sec 9/10
  • K
    Khadija Salman 14 - Nov - 2025 00 Min 58 Sec 9/10
Sr. # Question Answer
1 The sole proprietorship is

A. Elastic

B. Inelastic

C.Durable

D. None of these

2 Calculate machine is

A. Punching machine

B. Calculator

C.Photo-state machine

D. Stapler machine

3 Literal meanings of trade are

A. To exchange

B. Buying and selling

C.To remove hindrance of time

D. Business

4 The persons performing services for the formation of joint stock Company are called as

A. Promoters

B. Underwriters

C.Shareholder

D. Debenture holders

5 Advertising expenses are met by

A. Consumers

B. Whole seller

C.Owner of the goods

D. Retailer

6 The most important document of Joint stock company is

A. Prospectus

B. Memorandum of Association

C.Articles of Association

D. Certificate of Commencement

7 The liability of the shareholders of public Ltd Company is

A. Limited

B. No one

C.Un limited

D. All wrong

8 In order to obtain loan from the public company issuses

A. Shares

B. Debentures

C.Dividend

D. All of these

9 In partnership business decisions are made:

A. With the consultation of all the partners

B. By only active partners

C.According to the conditions of partnership deed

D. According to the business conditions

10 Co-operative society is formed under Act

A. 1925

B. 1932

C.1935

D. 1984

Test Questions

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