Public Finance Test 01 Mcqs Preparation Online Shani Malik — April 24, 2018 in Economics • add comment Public Finance Test 01 Mcqs Preparation Online 1. Taxes are levied to?A. Penalise people B. Provide direct benefits to tax payers C. To accumulate fundsD. Provide general benefits for the people Loading... 2. One of the following is NOT a feature of private finance?A. PublicityB. Secrecy C. Saving some part of incomeD. Balancing of income and expenditure Loading... 3. One of the following is NOT a feature of private finance?A. Taking steps to increase incomeB. Secrecy C. Efforts to balance income and expenditure D. Publicity Loading... 4. The most important source of income of a government is?A. Sale of government propertyB. Taxes C. Printing of new money D. Foreign loans Loading... 5. Progressive taxes?A. Increase government revenue B. Both (a) & (b)C. Act as penalty for rich people D. Bring equality in distribution of incomes Loading... 6. These are heads of expenditure of the government EXCEPT?A. Improve transport and communication B. Provide cosmeticsC. Defence D. Provide social services Loading... 7. Whom of the following propounded principles of taxation?A. Marshall B. Al GhazaliC. Adam SmithD. Keynes Loading... 8. Govt. prepares its budget?A. AnnuallyB. Quarterly C. Weekly D. Monthly Loading... 9. Taxes on commodities are?A. Direct taxes B. Indirect taxesC. Progressive taxes D. Proportional taxes Loading... 10. It is direct tax?A. Sales tax B. Excise tax C. Custom dutyD. Income tax Loading... Loading... Related NTS Results Post:Business and Finance MCQs Test 08 Preparation OnlineBusiness and Finance MCQs Test 05 Preparation OnlineBusiness and Finance MCQs Test 07 Preparation OnlineBusiness and Finance MCQs Test 06 Preparation OnlineBusiness and Finance MCQs Test 02 Preparation OnlineBusiness and Finance MCQs Test 04 Preparation OnlineBusiness and Finance MCQs Test 01 Preparation OnlineBusiness and Finance MCQs Test 03 Preparation Online
