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

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MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 6 Online Test"

Try The MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 6 Online Test"

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ICS Part 2 Economics English Medium Chapter 6 Online Test

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Question # 1

Which source a private company cannot use?

Question # 2

Governmet finance is called.

Question # 3

It is direct tax

Question # 4

Prograssive taxes

Question # 5

Which of the followign tax is best example of ability to pay principle of taxes

Question # 6

Whom of the followng propounded principles of taxation

Question # 7

Govt.taxing and spending policies are called.

Question # 8

Govt. taxatio and spending policieis are called.

Question # 9

The most important source of income of a government is.

Question # 10

Taxes on commodities are

Question # 11

Oneof he following is NOT a feature of private finance.

Question # 12

InPakistan government budget is prepared by

Question # 13

Which one of the NOT a principle of taxation

Question # 14

Progressive taxes

Question # 15

In Pakistan, taxes are leived by

Question # 16

The most important source of income of a goernemnt is.

Question # 17

Govt. prepares its budget

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ICS Part 2 Economics English Medium Chapter 6 Test

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ICS Part II Economics Chapter 0 Important MCQ's

Sr.# Question Answer
1 Which one of the NOT a principle of taxation
A. Principle of equality
B. Pricniple of morality
C. Principleof certainty
D. Principle of diversity
2 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
3 Govt.taxing and spending policies are called.
A. Fiscal policy
B. Public policy
C. Monetary Policy
D. Economic policy
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 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
6 Govt. taxatio and spending policieis are called.
A. Fiscal policy
B. Monetary policy
C. Commercial policy
D. Finance policy
7 It is direct tax
A. Excise tax
B. Sales tax
C. Income tax
D. Custom duty
8 The Government can colect funds from
A. Taxes
B. Fees
C. Prices of public goods
D. All the three
9 Govt. prepares its budget
A. Weekly
B. Montly
C. Quarterly
D. Annually
10 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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