NAT IGS General Science Economics Test Preparation for Pakistani Students

The aspirants who have completed their 12 years of education successfully and are desirous to get admission in undergraduate program in any NTS associated university are required to appear in NAT-I test conducted by National Testing Services (NTS) whereas 14 years of education is required to appear in NAT-II test held under the supervision of National Testing Services.

The aspirants who have completed their 12 years of education and have passed intermediate with general science and now wishes to get admissions in the same field of study at the bachelor’s level are required to pass NAT-IGS as it is the requirement of several universities in Pakistan.

NAT I General Science Economics

Try The NAT I General Science Economics

  • Total Questions10

  • Time Allowed15

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NAT I General Science Economics

00:00
Question # 1

Inflation on prices:

Question # 2

The other name of law of decreasing return is:

Question # 3

National income does not include:

Question # 4

The methods of measuring elasticity of supply are:

Question # 5

Average revenue is equal to:

Question # 6

How many methods can be used for cultivation

Question # 7

Consumer goods are those goods which are used by a man:

Question # 8

Income elasticity show the relationship between:

Question # 9

Who described Economics as a scienece of wealth:

Question # 10

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

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Here is List Of Chapter Wise Tests

Ch. # Test Name MCQs Available PDF File Launch Test
1 NAT I Commerce 56 Download PDF Launch Test

Top Scorers of NAT I General Science Economics

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    Malik Fakhir 27 - May - 2024 00 Min 30 Sec 10/10
  • Z
    Zain-x-Taken 22 - Aug - 2022 00 Min 38 Sec 10/10
  • A
    Ali Hameed 20 - Aug - 2022 00 Min 54 Sec 10/10
  • N
    Nalain e ZAHRA 08 - Jun - 2024 03 Min 33 Sec 10/10
  • M
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  • S
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  • H
    Hamza Bin Saeed 22 - Jul - 2023 01 Min 38 Sec 9/10
  • A
    ABNOPRO GAMING 17 - Feb - 2024 02 Min 18 Sec 9/10
  • A
    Abdul Jabbar 03 - Jul - 2024 02 Min 43 Sec 9/10
  • R
    Raja Anas 23 - Feb - 2024 04 Min 31 Sec 9/10
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    Tehreem Athar 10 - Nov - 2022 01 Min 20 Sec 8/10
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    Umaymah Rehman 23 - Jul - 2024 01 Min 23 Sec 8/10
Sr.# Question Answer
1 The supply of perishable goods is:
A. Fixed
B. Variable
C. Minor change
D. Zero
2 In monopoly the number of firms is:
A. One
B. Three
C. Two
D. Unlimited
3 Average revenue is equal to:
A. Price
B. Marginal revenue
C. Total revenue
D. Average cost
4 Due to devaluation exports become:
A. Smaller
B. Larger
C. Cheaper
D. Expensive
5 According to law of diminishing marginal utility the marginal utility:
A. Increases
B. Remains constant
C. Diminishes
D. Negative
6 Macro Economics was introduced by:
A. Alfred Marshall
B. J.M.Keynes
C. N.W Senior
D. J.B.Clark
7 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 returns
8 If total expenditure decreases with the rise in price elasticity of demand will be
A. Equal to unity
B. Less than unity
C. Greater than unity
D. Equal to zero
9 The economy gets maximum prosperity during:
A. Recession
B. Recovery
C. Boom
D. Depression
10 The quality of a good which satisfies a human want is called as:
A. Service
B. Cost
C. Utility
D. None

As we mentioned in the previous articles that NAT-IGS test comprises of total 90 multiple choice questions from different portions. The NAT-IGS subject portion is one of them. The subject portion contains multiple choice questions in it from different subjects. The subject portion also contains the multiple choice questions from Economics. The economics section in NAT-IGS subject contains 10 multiple choice questions.

ilmkidunya has introduced an online testing system for the students who want to prepare themselves for any test or exam in a best way. Here the students of all level scan get the online tests of almost all subjects.

On this page, the students will be able to get the online test of NAT-IGS subject economics. This online test is quite easy to take and the students can take this test as many times as they want. At the end of the test the students will also be able to check their result.

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