Public Finance Test 06 Mcqs Preparation Online Shani Malik — April 24, 2018 in Economics • add comment Public Finance Test 06 Mcqs Preparation Online 1. The main source of revenue of federal government is?A. Custom duties B. Token tax C. Property taxes D. Sales tax Loading... 2. Which tax is not shared between central and provincial governments?A. Property taxB. Excise tax C. Custom duty D. Sales tax Loading... 3. Federal government transfers to provinces as their share in tax collection?A. More than 40% but less than 60% B. Less than 40% C. More than 90%D. More than 60% Loading... 4. It is a source of revenue for the Local overnment bodies?A. Property taxB. Corporation tax C. Value added taxD. Excise tax Loading... 5. In Pakistan Income tax is?A. Direct B. Proportional C. Progressive tax D. (a) and (c) of above Loading... 6. In Pakistan government budget is prepared by?A. President of Pakistan B. Ministry of Finance C. State Bank of PakistanD. National assembly Loading... 7. Zakat can be spent for this purpose?A. All of the aboveB. Performing Hajj C. Help poor parents D. Payment of fee of a poor child Loading... 8. Tax is a payment?A. Unnecessary B. Voluntary C. TemporaryD. Compulsory Loading... 9. Zakat is not due on the gold owned by a person who has less than?A. 15 tolasB. 30 tolas C. 7.5 tolasD. 60 tolas Loading... 10. Which is provincial tax in Pakistan?A. Import duty B. Sales tax C. Excise tax D. Motors token tax Loading... Loading... Related NTS Results Post:Public Finance Test 07 Mcqs Preparation OnlinePublic Finance Test 04 Mcqs Preparation OnlinePublic Finance Test 05 Mcqs Preparation OnlinePublic Finance Test 02 Mcqs Preparation OnlinePublic Finance Test 02 Mcqs Preparation OnlinePublic Finance Test 01 Mcqs Preparation OnlineBusiness and Finance MCQs Test 02 Preparation OnlineBusiness and Finance MCQs Test 08 Preparation Online