1 |
In Pakistan Income tax is |
- A. Progressive tax
- B. Regressive tax
- C. Proportional tax
- D. Fixed tax
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2 |
This is not a Principal of taxation |
- A. Principal of equality
- B. Pricipal of secracy
- C. Principal of adequacy
- D. Principal of convenience
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3 |
Which source a private company cannot use? |
- A. A Bank loan
- B. Tax
- C. Selling new shares in stock exchange
- D. Detail finance
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4 |
Govt.taxing and spending policies are called. |
- A. Fiscal policy
- B. Public policy
- C. Monetary Policy
- D. Economic policy
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5 |
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
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6 |
Govt. taxatio and spending policieis are called. |
- A. Fiscal policy
- B. Monetary policy
- C. Commercial policy
- D. Finance policy
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7 |
In Pakistan, taxes are leived by |
- A. Prime Minister of Pakistan
- B. President of Pakistan
- C. Federal cabinet of ministers
- D. National Assembly
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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
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9 |
InPakistan government budget is prepared by |
- A. National Assembly
- B. Presidnet of Pakistan
- C. Ministry of Finance
- D. State Bank of Pakistan
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10 |
Taxes on commodities are |
- A. Direct taxes
- B. Indirect Taxes
- C. Progressive taxes
- D. Propotional taxes
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