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 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
2 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
3 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
4 InPakistan government budget is prepared by
  • A. National Assembly
  • B. Presidnet of Pakistan
  • C. Ministry of Finance
  • D. State Bank of Pakistan
5 Which one of the NOT a principle of taxation
  • A. Principle of equality
  • B. Pricniple of morality
  • C. Principleof certainty
  • D. Principle of diversity
6 Taxes on commodities are
  • A. Direct taxes
  • B. Indirect Taxes
  • C. Progressive taxes
  • D. Propotional taxes
7 It is direct tax
  • A. Excise tax
  • B. Sales tax
  • C. Income tax
  • D. Custom duty
8 In Pakistan Income tax is
  • A. Progressive tax
  • B. Regressive tax
  • C. Proportional tax
  • D. Fixed tax
9 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
10 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

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
Economics Ics Part 2 English Medium Chapter 9 Online Test 17 Questions
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Economics Ics Part 2 English Medium Chapter 10 Online Test 17 Questions
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