Question # 1

It is direct tax

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Excise tax

Sales tax

Income tax

Custom duty

Which source a private company cannot use?

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A Bank loan

Tax

Selling new shares in stock exchange

Detail finance

In Pakistan Income tax is

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Progressive tax

Regressive tax

Proportional tax

Fixed tax

The most important source of income of a goernemnt is.

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Foreign loans

Taxes

Printing of new money

Sale of governemnt property

In Pakistan, taxes are leived by

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Prime Minister of Pakistan

President of Pakistan

Federal cabinet of ministers

National Assembly

Whom of the followng propounded principles of taxation

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Keynes

Adam Smith

Marshall

Ghazali

Progressive taxes

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Incereasegovernemnt revenue

Bring equality in distributio nof incomes

Act as panality for rich people

a and b of above

Govt.taxing and spending policies are called.

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Fiscal policy

Public policy

Monetary Policy

Economic policy

Governmet finance is called.

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National finance

Public finance

Private finance

a and b above

The most important source of income of a government is.

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Foreign loans

Printing of New money

Sale of government property

Taxes

InPakistan government budget is prepared by

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National Assembly

Presidnet of Pakistan

Ministry of Finance

State Bank of Pakistan

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Icom Part 2 Principles of Economics Chapter 6 English Medium Online Test MCQs With Answers

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