6th Chapter

ICS Part 2 Economics English Medium Chapter 6 Test

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

Start Chapter 6 Test

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 Governmet finance is called.
  • A. National finance
  • B. Public finance
  • C. Private finance
  • D. a and b above
3 Which one of the NOT a principle of taxation
  • A. Principle of equality
  • B. Pricniple of morality
  • C. Principleof certainty
  • D. Principle of diversity
4 InPakistan government budget is prepared by
  • A. National Assembly
  • B. Presidnet of Pakistan
  • C. Ministry of Finance
  • D. State Bank of Pakistan
5 Whom of the followng propounded principles of taxation
  • A. Keynes
  • B. Adam Smith
  • C. Marshall
  • D. Ghazali
6 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
7 In Pakistan Income tax is
  • A. Progressive tax
  • B. Regressive tax
  • C. Proportional tax
  • D. Fixed tax
8 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
9 The Government can colect funds from
  • A. Taxes
  • B. Fees
  • C. Prices of public goods
  • D. All the three
10 Which source a private company cannot use?
  • A. A Bank loan
  • B. Tax
  • C. Selling new shares in stock exchange
  • D. Detail finance

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

T

Tomboy Tomboy

Lahore09 - Apr - 2025

17/17
01 Mins 31 Sec
M

Muhammad Hassan

Lahore29 - Apr - 2025

16/17
03 Mins 59 Sec
M

Muhammad Hassan

Lahore26 - Apr - 2025

16/17
04 Mins 48 Sec
I

Irshad Hussain

Lahore20 - Apr - 2025

14/17
02 Mins 53 Sec
A

Asim Khan Wazir

Lahore30 - Apr - 2025

14/17
03 Mins 32 Sec

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