Public Finance Test 06 Mcqs Preparation Online Leave a Comment / Economics / By Shani Malik Public Finance Test 06 Mcqs Preparation Online 1. It is a source of revenue for the Local overnment bodies?A. Property taxB. Corporation tax C. Excise tax D. Value added tax Loading... 2. Federal government transfers to provinces as their share in tax collection?A. More than 90%B. More than 60% C. More than 40% but less than 60% D. Less than 40% Loading... 3. Which tax is not shared between central and provincial governments?A. Sales tax B. Custom duty C. Excise tax D. Property tax Loading... 4. Which is provincial tax in Pakistan?A. Sales tax B. Motors token taxC. Excise tax D. Import duty Loading... 5. Zakat is not due on the gold owned by a person who has less than?A. 60 tolas B. 30 tolas C. 7.5 tolasD. 15 tolas Loading... 6. In Pakistan Income tax is?A. (a) and (c) of aboveB. Proportional C. Progressive tax D. Direct Loading... 7. In Pakistan government budget is prepared by?A. National assembly B. State Bank of PakistanC. Ministry of Finance D. President of Pakistan Loading... 8. Zakat can be spent for this purpose?A. All of the aboveB. Payment of fee of a poor child C. Help poor parents D. Performing Hajj Loading... 9. The main source of revenue of federal government is?A. Sales taxB. Property taxes C. Custom duties D. Token tax Loading... 10. Tax is a payment?A. Unnecessary B. Voluntary C. Compulsory D. Temporary 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
