Economics Public Finance Test 02 Mcqs Preparation Online 0 Public Finance Test 02 Mcqs Preparation Online 1. Which of the following tax is best example of ability to pay principle of taxes?A. Proportional sales tax B. Excise tax on cigarettes C. Personal income taxD. Highway toll tax Loading... 2. These are principles of taxation?A. Principle of certainty B. Principle of secrecy C. Both (a) & (b)D. Principle of equality Loading... 3. The government can collect funds from?A. All the threeB. Taxes C. Fees D. Prices of public goods Loading... 4. Govt. budget is balanced when?A. Government expenditure equals tax revenue B. None of the aboveC. Govt. tax receipts outstrips expenditure D. Govt. expenditure outstrips tax receipts Loading... 5. A direct tax is that which?A. Can be directly deposited in the banks B. Is heavy burden on the tax payers C. Is paid by the person on whom it is leviedD. Can not be evaded Loading... 6. Government finance is called?A. Private finance B. Public finance C. (a) and (b) of aboveD. National finance Loading... 7. Govt. taxing and spending policies are called?A. Fiscal policyB. Finance policyC. Monetary policy D. Commercial policy Loading... 8. In Pakistan government budget is prepared by?A. Ministry of Finance B. State Bank of PakistanC. National Assembly D. President of Pakistan Loading... 9. In Pakistan, taxes are levied by?A. President of PakistanB. National assemblyC. Prime minister of Pakistan D. Federal cabinet of ministers Loading... 10. How the government can meet its expenditure?A. By taxing people B. By printing new money C. By all the three methodsD. By borrowing from banks and other governments Loading... Loading... Related PostsPublic Finance Test 01 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 Public Finance Test 01 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
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