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Online Short Questions For Chapter 4 "ICS Part 2 Economics English Medium Chapter 4 Online Short Questions Test "
Try The Short Questions For ICS Part 2 Economics English Medium Chapter 4 Online Short Questions Test
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Total Questions10
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Available Sets3
Economics - ICS Part 2 Economics English Medium Chapter 4 Online Short Questions Test
Question # 1
What is meant by indirect tax.
- Ans 1: Indirect tax means the tax which is not paid from the pocket on when it is levied, Rather the burden of the tax is shifted to another person. For example sale tax custome duty and excise duty etc.
ICS Part 2 Economics English Medium Chapter 4 Online Short Questions Test - Set 1
Question # 1
What is meant by indirect tax.
- Ans 1: Indirect tax means the tax which is not paid from the pocket on when it is levied, Rather the burden of the tax is shifted to another person. For example sale tax custome duty and excise duty etc.
ICS Part 2 Economics English Medium Chapter 4 Online Short Questions Test - Set 2
Question # 1
Define canon of taxation " canon of convenience" according to Prof. Adam smith.
- Ans 1: According to Prof. Adam Smith tax should be levied on the time when the taxpayer can easily pary it. Therefore it is necessary that tax should be collected in installment and at the time when tax payers get their incomesor salaries.
ICS Part 2 Economics English Medium Chapter 4 Online Short Questions Test - Set 3
Question # 1
Define Public Finance in the word of Prof. Armitage Smith.
- Ans 1: The study of nature of principles of government's expenditure and revenue is called Public Finance.
ICS Part 2 Economics Chapter 4 Test
Here you can prepare 12th Economics English Medium Chapter 4 Test. Click the button for 100% free full practice test.
