Economics Public Finance Test 01 Mcqs Preparation Online 0 Public Finance Test 01 Mcqs Preparation Online 1. The most important source of income of a government is?A. Printing of new money B. Taxes C. Sale of government propertyD. Foreign loans Loading... 2. One of the following is NOT a feature of private finance?A. Secrecy B. Taking steps to increase incomeC. Efforts to balance income and expenditure D. Publicity Loading... 3. Taxes are levied to?A. Provide direct benefits to tax payers B. To accumulate fundsC. Provide general benefits for the people D. Penalise people Loading... 4. Whom of the following propounded principles of taxation?A. KeynesB. Al GhazaliC. Adam SmithD. Marshall Loading... 5. These are heads of expenditure of the government EXCEPT?A. Improve transport and communication B. Provide cosmeticsC. Defence D. Provide social services Loading... 6. Taxes on commodities are?A. Indirect taxesB. Progressive taxes C. Proportional taxesD. Direct taxes Loading... 7. Govt. prepares its budget?A. Weekly B. Monthly C. AnnuallyD. Quarterly Loading... 8. Progressive taxes?A. Act as penalty for rich people B. Both (a) & (b)C. Bring equality in distribution of incomes D. Increase government revenue Loading... 9. One of the following is NOT a feature of private finance?A. Balancing of income and expenditureB. Saving some part of incomeC. PublicityD. Secrecy Loading... 10. It is direct tax?A. Excise tax B. Custom dutyC. Sales tax D. Income tax Loading... Loading... Related PostsPublic Finance Test 02 Mcqs Preparation OnlinePublic 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 OnlineBusiness and Finance MCQs Test 06 Preparation OnlineBusiness and Finance MCQs Test 07 Preparation OnlineBusiness and Finance MCQs Test 08 Preparation OnlineBusiness and Finance MCQs Test 01 Preparation Online Continue Reading Previous Transport Communication and Human Resources Test 02 Mcqs Preparation OnlineNext Public Finance Test 02 Mcqs Preparation Online More Stories Economics Economics Quiz 04 Preparation Online 0 Economics Economics Quiz 03 Preparation Online 0 Economics Economics Quiz 02 Preparation Online 0 Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ