Economics Public Finance Test 07 Mcqs Preparation Online Public Finance Test 07 Mcqs Preparation Online 1. Which of the following should NOT be the aim of a government?A. Full employment B. Inequality of incomes C. Economic growth D. Price stability Loading... 2. In past decades Pakistan increased its GDP, yet living standard of majority has not risen. The most important cause of this situation is?A. Increased govt. expenditure B. Increased education C. Increased imports D. Increased population Loading... 3. The budget estimate prepared by ministry of finance is finally approved by?A. National AssemblyB. State Bank C. Senate D. President Loading... 4. Pakistan's public debt is?A. Smaller than GNP B. Larger than GNP C. Approximately equal to GNP D. Smaller than our exports Loading... 5. Federal govt. budget estimate for 2010-11 is?A. Bigger than 2800 trillionB. 2800 million C. 2800 trillion D. 2800 billion Loading... 6. Government of Pakistan can increase its resources by?A. Taxing people B. All the threeC. Printing new notes D. Borrowing Loading... 7. Which of the following would cause incomes to become more unequal?A. Increased unemployment allowance B. Increased employment C. More regressive taxesD. More progressive taxes Loading... 8. To control inflation the government should increase?A. Income tax B. Consumer spending C. Budget deficit D. Pensions Loading... 9. What is the benefit of tariffs?A. Increased government revenueB. More competition C. More tradeD. Increased choice Loading... 10. The non-Muslims pay Zakat?A. At a lower rate than Muslims B. At a higher rate than Muslims C. At the same rate D. Do not pay Zakat Loading... Loading... Related PostsPublic Finance Test 01 Mcqs Preparation OnlinePublic Finance Test 02 Mcqs Preparation OnlinePublic Finance Test 04 Mcqs Preparation OnlinePublic Finance Test 05 Mcqs Preparation OnlinePublic Finance Test 06 Mcqs Preparation OnlinePublic Finance Test 02 Mcqs Preparation Online Continue Reading Previous Public Finance Test 06 Mcqs Preparation OnlineNext Scale Of Production and Laws of Returns Mcqs Test Preparation Online Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Δ