| 1 |
The average duration of trade cycle is: |
- A. Five years
- B. Fifty years
- C. Twenty years
- D. Ten years
|
| 2 |
The revenue collection of government and spending policy is called |
- A. Monetary policy
- B. Fiscal policy
- C. commercial policy
- D. Labour policy
|
| 3 |
Surplus budget for the government is considered |
- A. Useful
- B. Harmful
- C. Useful & harmful
- D. None of three
|
| 4 |
Zakat is part of the present income |
- A. 20th
- B. 30th
- C. 40th
- D. 50th
|
| 5 |
If income of government is more than its expenditures, then it is a |
- A. Surplus budget
- B. Deficit budget
- C. Development budget
- D. Balanced budget
|
| 6 |
Because of indirect taxes, prices |
- A. Decrease
- B. Remain constant
- C. Increase
- D. Do not change
|
| 7 |
Usher is levied on |
- A. Cash amount
- B. Goats and sheep
- C. Trading goods
- D. Agricultural production
|
| 8 |
"Public finance deals with governments revenue and expenditure and it studies how government maintains balance between its revenue and expenditures"<br>This definition is stead by |
- A. Dalton
- B. Armitage Smith
- C. Bastable
- D. pigou
|
| 9 |
The ratio of change in income to change in investment is known as: |
- A. Multiplier
- B. Accelrator
- C. MEC
- D. Both a and b
|
| 10 |
Monetary theory of trade cycle was given by: |
- A. Joseph Schumpeter
- B. Habson Foster
- C. Jevons
- D. Hawtray
|
