Economics Public Finance Test 06 Mcqs Preparation Online 0 Public Finance Test 06 Mcqs Preparation Online 1. In Pakistan Income tax is?A. (a) and (c) of aboveB. Direct C. Progressive tax D. Proportional Loading... 2. The main source of revenue of federal government is?A. Property taxes B. Token tax C. Sales taxD. Custom duties Loading... 3. It is a source of revenue for the Local overnment bodies?A. Property taxB. Value added taxC. Excise tax D. Corporation tax Loading... 4. In Pakistan government budget is prepared by?A. President of Pakistan B. National assembly C. State Bank of PakistanD. Ministry of Finance Loading... 5. Zakat can be spent for this purpose?A. Payment of fee of a poor child B. Performing Hajj C. All of the aboveD. Help poor parents Loading... 6. Federal government transfers to provinces as their share in tax collection?A. More than 60% B. More than 40% but less than 60% C. More than 90%D. Less than 40% Loading... 7. Which is provincial tax in Pakistan?A. Import duty B. Excise tax C. Motors token taxD. Sales tax Loading... 8. Zakat is not due on the gold owned by a person who has less than?A. 60 tolas B. 15 tolasC. 7.5 tolasD. 30 tolas Loading... 9. Tax is a payment?A. Unnecessary B. Voluntary C. Compulsory D. Temporary Loading... 10. Which tax is not shared between central and provincial governments?A. Custom duty B. Excise tax C. Property taxD. Sales tax Loading... Loading... Related PostsPublic Finance Test 01 Mcqs Preparation OnlinePublic Finance Test 02 Mcqs Preparation OnlinePublic Finance Test 02 Mcqs Preparation OnlinePublic Finance Test 04 Mcqs Preparation OnlinePublic Finance Test 05 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 05 Mcqs Preparation OnlineNext Public Finance Test 07 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Preparation Online 0 Economics Economics Quiz 02 Preparation Online 0 Leave a Reply Cancel replyYour email address will not be published.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