Home
News
Colleges
Courses
Admission
Lectures
Online Test
Past Papers
Date Sheets
Results
Study Abroad
Jobs
Tutors
More
Apps
.jpg)
The aspirants who have successfully completed their 12 years of education and wishes to get admission in undergraduate program in any NTS associated university are required to appear in NAT-I test conducted under the supervision of National Testing Services (NTS) while 14 years of education is needed to appear in NAT-II test held under the supervisor of NTS.
The students who have passed their inter level and wishes to study further in the same discipline are required to attach their NAT I result card together with their other important documents while applying for admission in bachelors level commerce degree program.
MCQ's Test For NAT I Commerce Economics
Try The MCQ's Test For NAT I Commerce Economics
-
Total Questions10
-
Time Allowed15
NAT I Commerce Economics
00:00
Question # 1
Who wrote The Nature and Significance of Economics"
Question # 2
Who presented the quantity theory of money:
Question # 3
The elasticity of demand of durable good is:
Question # 4
Which Economists presented the law of diminishing marginal utility:
Question # 5
Canons of taxation describes
Question # 6
National income does not include:
Question # 7
Which economist presented the Cardinal Theory of Utility:
Question # 8
According to law of increasing return marginal product:
Question # 9
Personal income means:
Question # 10
Who is responsible for profit and loss in the business:
The NAT-ICOM test consists of total 4 major portions. The NAT-ICOM test contains total 90 multiple choice questions in it from different important topics. One major section in the test is the subject section which involves multiple choice questions in it from different subjects such as accounting, commerce, and economics. The economics portion in NAT-ICOM subject test comprises of 10 multiple choice questions. It covers various important topics of economics. To get good scores in this part, it is important for the aspirants to prepare this section efficiently.
For the convenience of students, who are planning to get admission in bachelors level commerce degree programs in the near future and wish to appear in NAT-ICOM test we have introduce an online NTS test section where you can prepare for this test easily. After getting through this NAT-ICOM subject economics online test you will be to prepare yourself for the exams and also you will get some idea about those questions that are expected to ask in exam.
Top Scorers Of NAT I Commerce Economics MCQ`s Test
-
K Khadija Salman 14 - Feb - 2026 00 Min 40 Sec 10/10 -
G GHAZI 04 - Jul - 2026 00 Min 42 Sec 10/10 -
M mouazzama zahoor 07 - Dec - 2024 00 Min 43 Sec 10/10 -
Q qasim siddiqui 27 - Jul - 2024 00 Min 46 Sec 10/10 -
R Raja Shazil 02 - Jul - 2024 00 Min 49 Sec 10/10 -
T Taimur Iqbal 07 - Jan - 2025 00 Min 50 Sec 10/10 -
S Salman Khalid 20 - Jul - 2024 01 Min 03 Sec 10/10 -
W Waseem Ahmad Qureshi 23 - Jul - 2024 01 Min 05 Sec 10/10 -
U Unknown 24 - Sep - 2025 01 Min 11 Sec 10/10 -
M MeSaM sHaH 08 - Dec - 2024 01 Min 19 Sec 10/10 -
M Masooma Mehdi 15 - Dec - 2024 01 Min 44 Sec 10/10 -
S Summaya Akram 21 - Jun - 2024 01 Min 44 Sec 10/10 -
H HASSAN RAZA KHAN 29 - Dec - 2024 01 Min 54 Sec 10/10 -
R reaper pc 08 - Jan - 2025 05 Min 06 Sec 10/10 -
A AA Fighter 18 - Jul - 2024 00 Min 45 Sec 9/10
NAT-I Economics Chapter 1 Important MCQ's
| Sr.# | Question | Answer |
|---|---|---|
| 1 | Reward for labour is: |
A. Interest
B. Wages
C. Profit
D. Rent
|
| 2 | 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 product
|
| 3 | Who is the writer of Wealth of Nation? |
A. Marshall
B. Adam Smith
C. Robbins
D. Keynes
|
| 4 | The quality of a commodity which satisfies the human wants: |
A. Usefulness
B. Loss
C. Utility
D. Return
|
| 5 | The other name of law of diminishing return is: |
A. Law of supply
B. Law of diminishing marginal utility
C. Law of demand
D. Law of increasing cost
|
| 6 | The economy gets maximum prosperity during: |
A. Recession
B. Recovery
C. Boom
D. Depression
|
| 7 | Who criticized Prof.Robbin's definition? |
A. Marshall,J.B
B. Beveridge
C. Clark
D. Pigeou
|
| 8 | Who described Economics as a scienece of wealth: |
A. Piguo
B. Adam Smith
C. Robbins
D. Marshall
|
| 9 | The elasticity of demand of durable goods is: |
A. Zero
B. More than unity
C. Less than unity
D. Equal to unity
|
| 10 | Factors of production are: |
A. One
B. Three
C. Two
D. Four
|
Test Questions
Share your comments & questions here
No comments yet. Be the first to comment!