Public Finance Test 05 Mcqs Preparation Online Shani Malik — April 24, 2018 in Economics • add comment Public Finance Test 05 Mcqs Preparation Online 1. Income tax in Pakistan is?A. Direct and progressive B. Indirect and proportionalC. Indirect and progressive D. Direct and proportional Loading... 2. It is better way to finance the govt. budget?A. By printing new money B. By fining people doing illegal activitiesC. By taxing peopleD. By borrowing from banks Loading... 3. The federal budget of Pakistan includes?A. Simple and difficult taxes B. Proportional and progressive taxes C. (a) & (b) of aboveD. Direct taxes and indirect taxes Loading... 4. Sales tax in Pakistan is?A. Direct and progressive B. Direct and proportional C. Indirect and proportionalD. Indirect and progressive Loading... 5. It is easy and convenient to pay?A. Proportional taxB. Direct tax C. Indirect tax D. Progressive tax Loading... 6. If a person who is tax-payer can shift the burden of tax to someone else, the tax is called?A. Undesirable taxB. Movable tax C. Indirect taxD. Transfer tax Loading... 7. It is difficult to evade?A. Direct tax B. Proportional C. Progressive taxD. Indirect Loading... 8. These are principles of taxation?A. Equality and certainty B. Durability and rigidityC. Flexibility and durability D. Certainty and morality Loading... 9. In Pakistan, income tax is collected by?A. Federal govt B. Provincial govt.C. All governmentsD. Local govt Loading... 10. To bring equitable distribution of income in the country taxes should be?A. ProgressiveB. Indirect C. Sirect D. Proportional Loading... Loading... Related NTS Results Post:Public Finance Test 01 Mcqs Preparation OnlinePublic Finance Test 02 Mcqs Preparation OnlinePublic Finance Test 02 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