Question # 1

Whom of the followng propounded principles of taxation

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Keynes

Adam Smith

Marshall

Ghazali

In Pakistan Income tax is

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Progressive tax

Regressive tax

Proportional tax

Fixed tax

InPakistan government budget is prepared by

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National Assembly

Presidnet of Pakistan

Ministry of Finance

State Bank of Pakistan

It is direct tax

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Excise tax

Sales tax

Income tax

Custom duty

This is not a Principal of taxation

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Principal of equality

Pricipal of secracy

Principal of adequacy

Principal of convenience

Progressive taxes

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Incereasegovernemnt revenue

Bring equality in distributio nof incomes

Act as panality for rich people

a and b of above

In Pakistan, taxes are leived by

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Prime Minister of Pakistan

President of Pakistan

Federal cabinet of ministers

National Assembly

Which source a private company cannot use?

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A Bank loan

Tax

Selling new shares in stock exchange

Detail finance

Govt. taxatio and spending policieis are called.

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Fiscal policy

Monetary policy

Commercial policy

Finance policy

Which one of the NOT a principle of taxation

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Principle of equality

Pricniple of morality

Principleof certainty

Principle of diversity

Prograssive taxes

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Are harmful for the economy

Bring equality in distributio of income

Compel rich people to be honest

Decrease evasion of taxes

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Icom Part 2 Principles of Economics Chapter 6 English Medium Online Test MCQs With Answers

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