| 1 |
Which one of the following public expenditures is related to transport |
- A. Police
- B. Defence
- C. Railway
- D. Public education
|
| 2 |
The interaction of multiplier and accelerator is known as: |
- A. Innovation theory
- B. Modern theory
- C. Psychological theory
- D. Over investment theory
|
| 3 |
The percentage part of the mineral production is payable as Zakat on private owners of minerals |
- A. 5%
- B. 10%
- C. 15%
- D. 20%
|
| 4 |
One of the following is not included in the branches of public finance |
- A. Public revenue
- B. Welfare of the people
- C. Public expenditure
- D. Public debt
|
| 5 |
If a person does not pay the amount of the tax from his own pocked on whom it is levied rather shifts its barden on some other person, then it is called |
- A. Direct tax
- B. Indirect tax
- C. Proportional tax
- D. Progressive tax
|
| 6 |
What type of nature of Zakat is |
- A. Fixed
- B. Non fixed
- C. Elastic
- D. Changes along with the change in income
|
| 7 |
The percentage part of the agricultural produce is payable as Zakat which is irrigated by artificial sources |
- A. 5%
- B. 10%
- C. 15%
- D. 20%
|
| 8 |
Zakat means |
- A. Growth
- B. Purification
- C. Tax
- D. Both 1st and 2nd
|
| 9 |
If the rate of tax increase with the increase of level of income, is called |
- A. Progressive tax
- B. Proportional tax
- C. Regressive tax
- D. Value added tax
|
| 10 |
"Public finance is that branch of economics which studies the revenue and expenditures of governments institutions, their inter-relationship and financial administration"<br>This definition is stated by |
- A. Bastable
- B. Armitage Smith
- C. Marshall
- D. Pigou
|
