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 The Government can colect funds from
  • A. Taxes
  • B. Fees
  • C. Prices of public goods
  • D. All the three
2 Govt.taxing and spending policies are called.
  • A. Fiscal policy
  • B. Public policy
  • C. Monetary Policy
  • D. Economic policy
3 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
4 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
5 Governmet finance is called.
  • A. National finance
  • B. Public finance
  • C. Private finance
  • D. a and b above
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 Which source a private company cannot use?
  • A. A Bank loan
  • B. Tax
  • C. Selling new shares in stock exchange
  • D. Detail finance
8 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
9 Govt. prepares its budget
  • A. Weekly
  • B. Montly
  • C. Quarterly
  • D. Annually
10 In Pakistan Income tax is
  • A. Progressive tax
  • B. Regressive tax
  • C. Proportional tax
  • D. Fixed tax

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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