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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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

00:00
Question # 1

Taxes on commodities are

Question # 2

Govt. taxatio and spending policieis are called.

Question # 3

In Pakistan Income tax is

Question # 4

InPakistan government budget is prepared by

Question # 5

Prograssive taxes

Question # 6

Govt. prepares its budget

Question # 7

Governmet finance is called.

Question # 8

It is direct tax

Question # 9

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

Question # 10

This is not a Principal of taxation

Question # 11

Which one of the NOT a principle of taxation

Question # 12

The most important source of income of a government is.

Question # 13

The Government can colect funds from

Question # 14

The most important source of income of a goernemnt is.

Question # 15

Whom of the followng propounded principles of taxation

Question # 16

Oneof he following is NOT a feature of private finance.

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 Governmet finance is called.
A. National finance
B. Public finance
C. Private finance
D. a and b above
2 This is not a Principal of taxation
A. Principal of equality
B. Pricipal of secracy
C. Principal of adequacy
D. Principal of convenience
3 In Pakistan Income tax is
A. Progressive tax
B. Regressive tax
C. Proportional tax
D. Fixed tax
4 Govt. taxatio and spending policieis are called.
A. Fiscal policy
B. Monetary policy
C. Commercial policy
D. Finance policy
5 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
6 In Pakistan, taxes are leived by
A. Prime Minister of Pakistan
B. President of Pakistan
C. Federal cabinet of ministers
D. National Assembly
7 Progressive taxes
A. Incereasegovernemnt revenue
B. Bring equality in distributio nof incomes
C. Act as panality for rich people
D. a and b of above
8 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
9 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
10 Govt.taxing and spending policies are called.
A. Fiscal policy
B. Public policy
C. Monetary Policy
D. Economic policy

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