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NTS GAT Subject 2026 Public Finance Free Quiz 2
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NTS GAT Subject 2026 Public Finance Free Quiz 2

Practice NTS GAT Subject 2026 Aptitude Test Economics MCQs from Public Finance. Get instant results with Explanation.

11. When does a budget surplus occur?



12. What is public debt?



13. What is fiscal policy?



14. What fiscal policy involves increasing spending or decreasing taxes?



15. What fiscal policy involves decreasing spending or increasing taxes?



16. What is tax incidence?



17. What is a subsidy?



18. What curve shows the relationship between tax rates and tax revenue?



19. What does the Laffer curve say about very high tax rates?



20. What is a value-added tax (VAT)?



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Instructions: Select one answer per question (you may skip questions). After submitting, you will see your score, correct answers, and explanations.

📋 NTS GAT Subject Entry Test Information

NTS GAT Subject Test

Conducting Body: National Testing Service (NTS)
Frequency: Quarterly | Time: 120 Minutes
Negative Marking: No

⚡ Official Test Pattern (Total: 100 MCQs):

Merit Formula: There is no single NTS merit calculation formula for GAT Subject Test. Universities determine their own merit criteria. Common weightages include: 30% Academic + 50% GAT + 20% Interview (only where specified by the university)

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❓ Frequently Asked Questions about NTS GAT Subject

Is there negative marking in NTS GAT Subject?

No

Which organization administers NTS GAT Subject?

National Testing Service (NTS)

What is the exam duration for NTS GAT Subject?

120 minutes

What is the merit calculation formula for NTS GAT Subject?

There is no single NTS merit calculation formula for GAT Subject Test. Universities determine their own merit criteria. Common weightages include: 30% Academic + 50% GAT + 20% Interview (only where specified by the university)

How many total MCQs are in NTS GAT Subject?

100 MCQs