| 1 |
The interaction of multiplier and accelerator is known as: |
- A. Innovation theory
- B. Modern theory
- C. Psychological theory
- D. Over investment theory
|
| 2 |
Annual rate of Zakat on cash and trading goods is |
- A. 2.0%
- B. 2,5%
- C. 3.0%
- D. 3.5%
|
| 3 |
Theory of innovations was presented by: |
- A. Joseph Schumpeter
- B. Habson Foster
- C. Jevons
- D. J.R Hicks
|
| 4 |
Payment of zakat is compulsory for ----------- living in Islamic Country |
- A. Every person
- B. Every Muslim
- C. Only Poor Muslim
- D. Only Sahib-e-Nisab Muslim
|
| 5 |
One of the following is not included in the sources of public revenue |
- A. Tax
- B. Fee
- C. Defence
- D. Fines
|
| 6 |
The expected rate of profit from a business is known as: |
- A. Multiplier
- B. Accelerator
- C. Marginal efficiency of capital
- D. Both a and b
|
| 7 |
Monetary theory of trade cycle was given by: |
- A. Joseph Schumpeter
- B. Habson Foster
- C. Jevons
- D. Hawtray
|
| 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 revenue collection of government and spending policy is called |
- A. Monetary policy
- B. Fiscal policy
- C. commercial policy
- D. Labour policy
|
| 10 |
If the income of the government is less than its expenditures, such budget is called |
- A. Surplus budget
- B. Deficit budget
- C. Balanced budget
- D. Capital budget
|
