Public Finance Test 02 Mcqs Preparation Online Shani Malik — April 24, 2018 in Economics • add comment Public Finance Test 02 Mcqs Preparation Online 1. Govt. taxing and spending policies are called?A. Monetary policy B. Fiscal policyC. Finance policyD. Commercial policy Loading... 2. These are principles of taxation?A. Both (a) & (b)B. Principle of certainty C. Principle of equality D. Principle of secrecy Loading... 3. A direct tax is that which?A. Is heavy burden on the tax payers B. Can be directly deposited in the banks C. Is paid by the person on whom it is leviedD. Can not be evaded Loading... 4. How the government can meet its expenditure?A. By borrowing from banks and other governments B. By taxing people C. By printing new money D. By all the three methods Loading... 5. In Pakistan, taxes are levied by?A. Federal cabinet of ministers B. President of PakistanC. Prime minister of Pakistan D. National assembly Loading... 6. In Pakistan government budget is prepared by?A. President of Pakistan B. State Bank of PakistanC. Ministry of Finance D. National Assembly Loading... 7. The government can collect funds from?A. All the threeB. Fees C. Prices of public goods D. Taxes Loading... 8. Government finance is called?A. (a) and (b) of aboveB. Public finance C. Private finance D. National finance Loading... 9. Govt. budget is balanced when?A. Govt. tax receipts outstrips expenditure B. None of the aboveC. Government expenditure equals tax revenue D. Govt. expenditure outstrips tax receipts Loading... 10. Which of the following tax is best example of ability to pay principle of taxes?A. Excise tax on cigarettes B. Personal income taxC. Proportional sales tax D. Highway toll tax Loading... Loading... Related NTS Results Post:Public Finance Test 01 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
