| 1 |
Which one of the NOT a principle of taxation |
- A. Principle of equality
- B. Pricniple of morality
- C. Principleof certainty
- D. Principle of diversity
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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 |
Governmet finance is called. |
- A. National finance
- B. Public finance
- C. Private finance
- D. a and b above
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| 4 |
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
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| 5 |
Whom of the followng propounded principles of taxation |
- A. Keynes
- B. Adam Smith
- C. Marshall
- D. Ghazali
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| 6 |
In Pakistan, taxes are leived by |
- A. Prime Minister of Pakistan
- B. President of Pakistan
- C. Federal cabinet of ministers
- D. National Assembly
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| 7 |
It is direct tax |
- A. Excise tax
- B. Sales tax
- C. Income tax
- D. Custom duty
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| 8 |
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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| 9 |
Taxes on commodities are |
- A. Direct taxes
- B. Indirect Taxes
- C. Progressive taxes
- D. Propotional taxes
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| 10 |
Progressive taxes |
- A. Incereasegovernemnt revenue
- B. Bring equality in distributio nof incomes
- C. Act as panality for rich people
- D. a and b of above
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