Economics Public Finance Test 01 Mcqs Preparation Online Public Finance Test 01 Mcqs Preparation Online 1. Whom of the following propounded principles of taxation?A. Al GhazaliB. Marshall C. KeynesD. Adam Smith Loading... 2. It is direct tax?A. Sales tax B. Excise tax C. Custom dutyD. Income tax Loading... 3. One of the following is NOT a feature of private finance?A. Saving some part of incomeB. PublicityC. Balancing of income and expenditureD. Secrecy Loading... 4. The most important source of income of a government is?A. Printing of new money B. Taxes C. Foreign loans D. Sale of government property Loading... 5. Taxes are levied to?A. Provide general benefits for the people B. Penalise people C. Provide direct benefits to tax payers D. To accumulate funds Loading... 6. These are heads of expenditure of the government EXCEPT?A. Improve transport and communication B. Defence C. Provide cosmeticsD. Provide social services Loading... 7. Govt. prepares its budget?A. Monthly B. Quarterly C. Weekly D. Annually Loading... 8. One of the following is NOT a feature of private finance?A. PublicityB. Taking steps to increase incomeC. Secrecy D. Efforts to balance income and expenditure Loading... 9. Taxes on commodities are?A. Progressive taxes B. Direct taxes C. Proportional taxesD. Indirect taxes Loading... 10. Progressive taxes?A. Increase government revenue B. Bring equality in distribution of incomes C. Act as penalty for rich people D. Both (a) & (b) Loading... Loading... Related PostsPublic Finance Test 02 Mcqs Preparation OnlinePublic Finance Test 04 Mcqs Preparation OnlinePublic Finance Test 05 Mcqs Preparation OnlinePublic Finance Test 06 Mcqs Preparation OnlinePublic Finance Test 07 Mcqs Preparation OnlinePublic Finance Test 02 Mcqs Preparation Online Continue Reading Previous Transport Communication and Human Resources Test 02 Mcqs Preparation OnlineNext Public Finance Test 02 Mcqs Preparation Online Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ