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6th Chapter

12th Economics Chapter 6 Test

Here you can prepare 12th Economics English Medium Chapter 6 Central Bank Test. Click the button for 100% free full practice test.

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

This online test contains MCQs about following topics:

. Function of central bank
. Credit control and monetary policy

ICS Part 2 Economics Ch. 6 Test
ic

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

Sr. # Questions Answers Choice
1 Govt. taxatio and spending policieis are called.
  • A. Fiscal policy
  • B. Monetary policy
  • C. Commercial policy
  • D. Finance policy
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 Taxes on commodities are
  • A. Direct taxes
  • B. Indirect Taxes
  • C. Progressive taxes
  • D. Propotional taxes
4 The Government can colect funds from
  • A. Taxes
  • B. Fees
  • C. Prices of public goods
  • D. All the three
5 Govt.taxing and spending policies are called.
  • A. Fiscal policy
  • B. Public policy
  • C. Monetary Policy
  • D. Economic policy
6 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
7 Whom of the followng propounded principles of taxation
  • A. Keynes
  • B. Adam Smith
  • C. Marshall
  • D. Ghazali
8 In Pakistan, taxes are leived by
  • A. Prime Minister of Pakistan
  • B. President of Pakistan
  • C. Federal cabinet of ministers
  • D. National Assembly
9 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
10 It is direct tax
  • A. Excise tax
  • B. Sales tax
  • C. Income tax
  • D. Custom duty

Top Scorers of Economics Ics Part 2 English Medium Chapter 6 Online Test

M

Muhammad Kashif

Lahore25 - Apr - 2024

16/17
02 Mins 42 Sec
M

Muhammad Kashif

Lahore25 - Apr - 2024

14/17
02 Mins 36 Sec
M

Muhammad Kashif

Lahore25 - Apr - 2024

14/17
02 Mins 51 Sec
M

Muhammad Kashif

Lahore25 - Apr - 2024

14/17
04 Mins 11 Sec

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