First Year Principles of Economics Chapter 13 Online MCQ Test for 1st Year Principles of Economics Chapter 13 (Public Finance and Zakat)

This online test contains MCQs about following topics:

. Definition and meaning of public finance . Canons of taxation . Sources of public revenue . Heads of public expenditure . Kinds of taxes . Zakat and usher . Important opints of definition of zakat

ICOM Part 1 Economics Ch 13 Test
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MCQ's Test For Chapter 13 "Principles of Economics Icom Part 1 English Medium Chapter 13 Online Test"

Try The MCQ's Test For Chapter 13 "Principles of Economics Icom Part 1 English Medium Chapter 13 Online Test"

  • Total Questions15

  • Time Allowed20

Principles of Economics Icom Part 1 English Medium Chapter 13 Online Test

00:00
Question # 1

Branches of public finance are

Question # 2

On which amount Zakat is payable

Question # 3

Which one of the following public expenditures is related to transport

Question # 4

During boom, a government prepares budget which is

Question # 5

If the income of the government is less than its expenditures, such budget is called

Question # 6

Government estimates its income and expenditures

Question # 7

In private finance the individuals estimate their income and expenditures

Question # 8

Private individuals are not allowed to fullfil their needs

Question # 9

If every person pays tax according to his capacity, it is called

Question # 10

Modern theory trade cycle was presented by:

Question # 11

One of the following is not included in the public expenditures

Question # 12

Income and employment are at peak level during:

Question # 13

The percentage part of the mineral production is payable as Zakat on private owners of minerals

Question # 14

Adam Smith presented the basic canons of taxation

Question # 15

At last, indirect tax is paid by

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11th Principle of Economics Chapter 13 Test

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