ICOM Part 1 Principles of Economics English Medium Chapter 13 MCQ's Test

11th Class Principles of Economics English Medium Online MCQ Test for Chapter 13 (Public Finance and Zakat)

ICOM Part 1 Principles of Economics English Medium Chapter 13 MCQ's Test

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ICOM Part 1 Principles of Economics Chapter Wise Test (English Medium)

11th Class Principles of Economics English Medium Online MCQ Test for Chapter 13 (Public Finance and Zakat)

Sr. # Questions Answers Choice
1 Adam Smith presented the basic canons of taxation
  • A. Two
  • B. Three
  • C. Four
  • D. Five
2 Kinds of public expenditures are
  • A. Two
  • B. Three
  • C. Four
  • D. Five
3 Private individuals can get loan from
  • A. Their relatives, friends and domestic financial institutions
  • B. Foreign financial agencies
  • C. Foreign government
  • D. International financial institutions
4 Trade cycles can be controlled by:
  • A. Fiscal policy
  • B. Monetary policy
  • C. Buffer stock schemes
  • D. All of these
5 Meteorological theory of trade cycle was presented by:
  • A. Joseph Schumpeter
  • B. Habson Foster
  • C. Jevons
  • D. Hawtray
6 What type of nature of Zakat is
  • A. Fixed
  • B. Non fixed
  • C. Elastic
  • D. Changes along with the change in income
7 At last, indirect tax is paid by
  • A. Shopkeeper
  • B. Entrepreneur
  • C. Customer
  • D. Whole-seller
8 If every person pays tax according to his capacity, it is called
  • A. Canon of certainly
  • B. Canon of equality
  • C. Canon of productivity
  • D. Canon of convenience
9 The percentage part of the agricultural produce is payable as Zakat which is irrigated by natural water
  • A. 5%
  • B. 10%
  • C. 15%
  • D. 20%
10 Monetary theory of trade cycle was given by:
  • A. Joseph Schumpeter
  • B. Habson Foster
  • C. Jevons
  • D. Hawtray

Top Scorers of Principles of Economics Icom Part 1 English Medium Chapter 13 Online Test

J

Jiya 7287

Lahore10 - May - 2025

12/15
02 Mins 19 Sec

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