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12th Class Principles of Economics Chapter 6 Test

12th class I.Com Part 2 Principles of Economics chapter 6 Online MCQs test with answers for Principles of Economics


I.Com Part 2 Principles of Economics
Chapter 6 Test

Start Chapter 6 Test

I.Com Part 2 Principles of Economics Chapter Wise Test
(English Medium)

12th class I.Com Part 2 Principles of Economics chapter 6 Online MCQs test with answers for Principles of Economics

Sr. # Questions Answers Choice
1 The Government can colect funds from
  • A. Taxes
  • B. Fees
  • C. Prices of public goods
  • D. All the three
2 Prograssive taxes
  • A. Are harmful for the economy
  • B. Bring equality in distributio of income
  • C. Compel rich people to be honest
  • D. Decrease evasion of taxes
3 Govt. prepares its budget
  • A. Weekly
  • B. Montly
  • C. Quarterly
  • D. Annually
4 It is direct tax
  • A. Excise tax
  • B. Sales tax
  • C. Income tax
  • D. Custom duty
5 Which of the followign tax is best example of ability to pay principle of taxes
  • A. excise tax on cigratettes
  • B. Highway tolltax
  • C. Personal income tax
  • D. Proportional sales tax
6 Taxes on commodities are
  • A. Direct taxes
  • B. Indirect Taxes
  • C. Progressive taxes
  • D. Propotional taxes
7 InPakistan government budget is prepared by
  • A. National Assembly
  • B. Presidnet of Pakistan
  • C. Ministry of Finance
  • D. State Bank of Pakistan
8 Governmet finance is called.
  • A. National finance
  • B. Public finance
  • C. Private finance
  • D. a and b above
9 Which source a private company cannot use?
  • A. A Bank loan
  • B. Tax
  • C. Selling new shares in stock exchange
  • D. Detail finance
10 Which one of the NOT a principle of taxation
  • A. Principle of equality
  • B. Pricniple of morality
  • C. Principleof certainty
  • D. Principle of diversity

Chapterwise Lists

Chapter Name Questions PDF File
Economics Ics Part 2 English Medium Chapter 1 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 1 English Medium Online Test 10 Questions
Economics Ics Part 2 English Medium Chapter 2 Online Test 17 Questions
Icom Part 2 Principles of Economics Chapter 2 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 3 English Medium Online Test 10 Questions
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Icom Part 2 Principles of Economics Chapter 8 English Medium Online Test 10 Questions
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