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

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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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Online 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

The budget period in public finance is

Question # 2

Which one of the following stated the canons of taxation first

Question # 3

Over investment and over saving theory was given by:

Question # 4

If the income and expenditures of the government are equal, such budget is called

Question # 5

If the person has to pay the tax on whom it is levied, then it is called

Question # 6

If everybody pays tax according to his financial position, it is said

Question # 7

Usher is levied on

Question # 8

Number of beneficiaries of Zakat is stated in the holy Quran

Question # 9

Payment of zakat is compulsory for ----------- living in Islamic Country

Question # 10

Because of indirect taxes, prices

Question # 11

If income of government is more than its expenditures, then it is a

Question # 12

During depression, a government prepares budget which is

Question # 13

On which amount Zakat is payable

Question # 14

The tax which is levied on the sale of goods is called

Question # 15

In private finance the individuals estimate their income and expenditures

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