Public Finance Test 04 Mcqs Preparation Online Leave a Comment / Economics / By Shani Malik Public Finance Test 04 Mcqs Preparation Online 1. Govt. taxing and spending policies are called?A. Fiscal policy B. Commercial policy C. Finance policyD. Monetary policy Loading... 2. Government finance is called?A. National finance B. Official finance C. (a) & (b) of aboveD. Public finance Loading... 3. Mansoor Software Co imported computers and paid import tax. Burden of tax will be on?A. Last buyer B. Importer C. RetailerD. Wholesaler Loading... 4. The government can meet its expenditure?A. By borrowing from banks and foreign countries B. By taxing peopleC. By all the three methodsD. By printing new money Loading... 5. This is NOT a principle of taxation?A. Principle of equality B. Principle of certainty C. Principle of economyD. Principle of secrecy Loading... 6. This tax is a good example of ability to pay principle of taxes?A. Personal income taxB. Excise tax on cigarettes C. Highway toll tax D. Proportional sales tax Loading... 7. Govt. budget is balanced when?A. Government expenditure equals tax revenue B. None of the aboveC. Govt. income consists of both tax and non-tax income D. Govt. expenditure is kept to the minimum Loading... 8. It is direct tax?A. All are indirect taxesB. Income tax C. Import tax D. Property tax B. Loading... 9. In Pakistan, the authority to levy taxes lies with?A. National assemblyB. Federal cabinet of ministers C. Prime minister of Pakistan D. President of Pakistan Loading... 10. This is principle of taxation?A. Principle of secrecy B. Principle of economyC. Principle of honesty D. Principle of morality Loading... Loading... Related NTS Results Post:Chemistry MCQs Test 05 Online PreparationBiology Mcqs Test 14 Online PreparationIslamiat Mcqs Test 01 Online PreparationIslamiat Mcqs Test 02 Online PreparationChemistry MCQs Test 07 Online PreparationChemistry MCQs Test 06 Online PreparationIslamiat Mcqs Test 03 Online PreparationBiology Mcqs Test 12 Online Preparation
