| 1 |
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
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| 2 |
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
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| 3 |
Govt.taxing and spending policies are called. |
- A. Fiscal policy
- B. Public policy
- C. Monetary Policy
- D. Economic policy
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| 4 |
This is not a Principal of taxation |
- A. Principal of equality
- B. Pricipal of secracy
- C. Principal of adequacy
- D. Principal of convenience
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| 5 |
The most important source of income of a government is. |
- A. Foreign loans
- B. Printing of New money
- C. Sale of government property
- D. Taxes
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| 6 |
Govt. taxatio and spending policieis are called. |
- A. Fiscal policy
- B. Monetary policy
- C. Commercial policy
- D. Finance policy
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| 7 |
Govt. prepares its budget |
- A. Weekly
- B. Montly
- C. Quarterly
- D. Annually
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| 8 |
Which source a private company cannot use? |
- A. A Bank loan
- B. Tax
- C. Selling new shares in stock exchange
- D. Detail finance
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| 9 |
Whom of the followng propounded principles of taxation |
- A. Keynes
- B. Adam Smith
- C. Marshall
- D. Ghazali
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| 10 |
The Government can colect funds from |
- A. Taxes
- B. Fees
- C. Prices of public goods
- D. All the three
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