| 1 |
In Pakistan, taxes are leived by |
- A. Prime Minister of Pakistan
- B. President of Pakistan
- C. Federal cabinet of ministers
- D. National Assembly
|
| 2 |
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
|
| 3 |
Oneof he following is NOT a feature of private finance. |
- A. Balancing of incoem and expenditure
- B. Secrecy
- C. Publicity
- D. Saving some part of income
|
| 4 |
InPakistan government budget is prepared by |
- A. National Assembly
- B. Presidnet of Pakistan
- C. Ministry of Finance
- D. State Bank of Pakistan
|
| 5 |
Whom of the followng propounded principles of taxation |
- A. Keynes
- B. Adam Smith
- C. Marshall
- D. Ghazali
|
| 6 |
Prograssive taxes |
- A. Are harmful for the economy
- B. Bring equality in distributio of income
- C. Compel rich people to be honest
- D. Decrease evasion of taxes
|
| 7 |
Govt. prepares its budget |
- A. Weekly
- B. Montly
- C. Quarterly
- D. Annually
|
| 8 |
Which one of the NOT a principle of taxation |
- A. Principle of equality
- B. Pricniple of morality
- C. Principleof certainty
- D. Principle of diversity
|
| 9 |
Which source a private company cannot use? |
- A. A Bank loan
- B. Tax
- C. Selling new shares in stock exchange
- D. Detail finance
|
| 10 |
Governmet finance is called. |
- A. National finance
- B. Public finance
- C. Private finance
- D. a and b above
|
