Online NAT IGS General Science Economics Test Preparation for Pakistani Students

NAT I General Science Economics

Sr. #	Questions	Answers Choice
1	In inflation prices:	Increase Do not change Decrease Become zero
2	What was the difficulty in the barter System:	Excess of goods Difference language Lack of co-incidence Difference in proffession
3	What is deducted from GNP to find GDP.	Depreciation allowance Net income received from abroad Indirect tax Transfer payments
4	What remains after deduction of direct taxes from the personal incom:	NNI DPI NDI GNP
5	The unity method of elasticity of demand was presented by:	Adam Smith Marshall J.R Hicks Pigeou
6	The elasticity of demand of durable good is:	More than unity Equal to unity Less than unity Zero
7	Consumer goods are those goods which are used by a man:	Directly Off and On Indirectly Never
8	According to law of diminishing marginal utility the marginal utility:	Increases Remains constant Diminishes Negative
9	The quality of a good which satisfies a human want is called as:	Service Cost Utility None
10	Which economist presented the Cardinal Theory of Utility:	<span style="font-size: 14.44444465637207px;">Marshall</span> <span style="font-size: 14.44444465637207px;">Canon</span> <span style="font-size: 14.44444465637207px;">Kroose</span> <span style="font-size: 14.44444465637207px;">J.B Say</span>