2nd Year Economics Chapter 6 Online MCQ Test for 12th Class Economics Chapter 6 (Central Bank)

ICS Part 2 Economics English Medium Chapter 6 Test

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ICS Part 2 Economics English Medium Chapter Wise MCQ's Test

MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 6 Online Test"

Try The MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 6 Online Test"

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ICS Part 2 Economics English Medium Chapter 6 Online Test

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Question # 1

The Government can colect funds from

Question # 2

Govt. taxatio and spending policieis are called.

Question # 3

Which of the followign tax is best example of ability to pay principle of taxes

Question # 4

Prograssive taxes

Question # 5

Govt. prepares its budget

Question # 6

Oneof he following is NOT a feature of private finance.

Question # 7

InPakistan government budget is prepared by

Question # 8

Whom of the followng propounded principles of taxation

Question # 9

Govt.taxing and spending policies are called.

Question # 10

In Pakistan, taxes are leived by

Question # 11

In Pakistan Income tax is

Question # 12

Which source a private company cannot use?

Question # 13

Governmet finance is called.

Question # 14

It is direct tax

Question # 15

This is not a Principal of taxation

Question # 16

Taxes on commodities are

Question # 17

Progressive taxes

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ICS Part 2 Economics English Medium Chapter 6 Test

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ICS Part II Economics Chapter 0 Important MCQ's

Sr.# Question Answer
1 The most important source of income of a goernemnt is.
A. Foreign loans
B. Taxes
C. Printing of new money
D. Sale of governemnt property
2 Taxes on commodities are
A. Direct taxes
B. Indirect Taxes
C. Progressive taxes
D. Propotional taxes
3 This is not a Principal of taxation
A. Principal of equality
B. Pricipal of secracy
C. Principal of adequacy
D. Principal of convenience
4 It is direct tax
A. Excise tax
B. Sales tax
C. Income tax
D. Custom duty
5 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
6 In Pakistan Income tax is
A. Progressive tax
B. Regressive tax
C. Proportional tax
D. Fixed tax
7 The most important source of income of a government is.
A. Foreign loans
B. Printing of New money
C. Sale of government property
D. Taxes
8 Govt. taxatio and spending policieis are called.
A. Fiscal policy
B. Monetary policy
C. Commercial policy
D. Finance policy
9 Govt.taxing and spending policies are called.
A. Fiscal policy
B. Public policy
C. Monetary Policy
D. Economic policy
10 Whom of the followng propounded principles of taxation
A. Keynes
B. Adam Smith
C. Marshall
D. Ghazali

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