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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 Oneof he following is NOT a feature of private finance.
  • A. Balancing of incoem and expenditure
  • B. Secrecy
  • C. Publicity
  • D. Saving some part of income
2 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
3 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
4 Governmet finance is called.
  • A. National finance
  • B. Public finance
  • C. Private finance
  • D. a and b above
5 In Pakistan Income tax is
  • A. Progressive tax
  • B. Regressive tax
  • C. Proportional tax
  • D. Fixed tax
6 The Government can colect funds from
  • A. Taxes
  • B. Fees
  • C. Prices of public goods
  • D. All the three
7 Which source a private company cannot use?
  • A. A Bank loan
  • B. Tax
  • C. Selling new shares in stock exchange
  • D. Detail finance
8 Govt. taxatio and spending policieis are called.
  • A. Fiscal policy
  • B. Monetary policy
  • C. Commercial policy
  • D. Finance policy
9 InPakistan government budget is prepared by
  • A. National Assembly
  • B. Presidnet of Pakistan
  • C. Ministry of Finance
  • D. State Bank of Pakistan
10 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

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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