| 1 |
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
|
| 2 |
In Pakistan Income tax is |
- A. Progressive tax
- B. Regressive tax
- C. Proportional tax
- D. Fixed tax
|
| 3 |
It is direct tax |
- A. Excise tax
- B. Sales tax
- C. Income tax
- D. Custom duty
|
| 4 |
Governmet finance is called. |
- A. National finance
- B. Public finance
- C. Private finance
- D. a and b above
|
| 5 |
The Government can colect funds from |
- A. Taxes
- B. Fees
- C. Prices of public goods
- D. All the three
|
| 6 |
Which one of the NOT a principle of taxation |
- A. Principle of equality
- B. Pricniple of morality
- C. Principleof certainty
- D. Principle of diversity
|
| 7 |
This is not a Principal of taxation |
- A. Principal of equality
- B. Pricipal of secracy
- C. Principal of adequacy
- D. Principal of convenience
|
| 8 |
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
|
| 9 |
InPakistan government budget is prepared by |
- A. National Assembly
- B. Presidnet of Pakistan
- C. Ministry of Finance
- D. State Bank of Pakistan
|
| 10 |
Govt. taxatio and spending policieis are called. |
- A. Fiscal policy
- B. Monetary policy
- C. Commercial policy
- D. Finance policy
|
