Public Finance Test 01 Mcqs Preparation Online Leave a Comment / Economics / By Shani Malik Public Finance Test 01 Mcqs Preparation Online 1. Taxes are levied to?A. Provide direct benefits to tax payers B. Provide general benefits for the people C. Penalise people D. To accumulate funds Loading... 2. Taxes on commodities are?A. Indirect taxesB. Direct taxes C. Proportional taxesD. Progressive taxes Loading... 3. Progressive taxes?A. Bring equality in distribution of incomes B. Act as penalty for rich people C. Increase government revenue D. Both (a) & (b) Loading... 4. One of the following is NOT a feature of private finance?A. Efforts to balance income and expenditure B. Taking steps to increase incomeC. Secrecy D. Publicity Loading... 5. Govt. prepares its budget?A. Quarterly B. Weekly C. Monthly D. Annually Loading... 6. One of the following is NOT a feature of private finance?A. PublicityB. Balancing of income and expenditureC. Secrecy D. Saving some part of income Loading... 7. Whom of the following propounded principles of taxation?A. Al GhazaliB. Marshall C. KeynesD. Adam Smith Loading... 8. The most important source of income of a government is?A. Foreign loans B. Sale of government propertyC. Printing of new money D. Taxes Loading... 9. These are heads of expenditure of the government EXCEPT?A. Defence B. Provide social services C. Improve transport and communication D. Provide cosmetics Loading... 10. It is direct tax?A. Sales tax B. Custom dutyC. Income tax D. Excise tax Loading... Loading... Related NTS Results Post:Chemistry MCQs Test 05 Online PreparationChemistry MCQs Test 06 Online PreparationIslamiat Mcqs Test 02 Online PreparationBiology Mcqs Test 12 Online PreparationChemistry MCQs Test 07 Online PreparationBiology Mcqs Test 15 Online PreparationBiology Mcqs Test 14 Online PreparationBiology Mcqs Test 09 Online Preparation
