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 on commodities are?A. Indirect taxesB. Progressive taxes C. Proportional taxesD. Direct taxes Loading... 2. Govt. prepares its budget?A. Quarterly B. Weekly C. AnnuallyD. Monthly Loading... 3. It is direct tax?A. Custom dutyB. Income tax C. Sales tax D. Excise tax Loading... 4. The most important source of income of a government is?A. Sale of government propertyB. Printing of new money C. Taxes D. Foreign loans Loading... 5. Whom of the following propounded principles of taxation?A. Adam SmithB. Al GhazaliC. Marshall D. Keynes Loading... 6. Taxes are levied to?A. To accumulate fundsB. Provide direct benefits to tax payers C. Provide general benefits for the people D. Penalise people Loading... 7. Progressive taxes?A. Increase government revenue B. Act as penalty for rich people C. Both (a) & (b)D. Bring equality in distribution of incomes Loading... 8. One of the following is NOT a feature of private finance?A. PublicityB. Taking steps to increase incomeC. Efforts to balance income and expenditure D. Secrecy Loading... 9. 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... 10. These are heads of expenditure of the government EXCEPT?A. Provide cosmeticsB. Defence C. Improve transport and communication D. Provide social services Loading... Loading... Related NTS Results Post:Public Finance Test 02 Mcqs Preparation OnlinePublic Finance Test 02 Mcqs Preparation OnlinePublic Finance Test 05 Mcqs Preparation OnlinePublic Finance Test 06 Mcqs Preparation OnlinePublic Finance Test 07 Mcqs Preparation OnlinePublic Finance Test 04 Mcqs Preparation OnlineBusiness and Finance MCQs Test 03 Preparation OnlineBusiness and Finance MCQs Test 04 Preparation Online
