2nd Year Economics Chapter 6 Online MCQ Test for 12th Class Economics Chapter 6 (Central Bank)

ICS Part 2 Economics English Medium Chapter 6 Test

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MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 6 Online Test"

Try The MCQ's Test For Chapter 0 "ICS Part 2 Economics English Medium Chapter 6 Online Test"

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ICS Part 2 Economics English Medium Chapter 6 Online Test

00:00
Question # 1

InPakistan government budget is prepared by

Question # 2

Governmet finance is called.

Question # 3

Which one of the NOT a principle of taxation

Question # 4

This is not a Principal of taxation

Question # 5

Progressive taxes

Question # 6

Govt. prepares its budget

Question # 7

The Government can colect funds from

Question # 8

Which of the followign tax is best example of ability to pay principle of taxes

Question # 9

The most important source of income of a goernemnt is.

Question # 10

Whom of the followng propounded principles of taxation

Question # 11

Taxes on commodities are

Question # 12

Prograssive taxes

Question # 13

The most important source of income of a government is.

Question # 14

In Pakistan Income tax is

Question # 15

Oneof he following is NOT a feature of private finance.

Question # 16

It is direct tax

Question # 17

Which source a private company cannot use?

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ICS Part 2 Economics English Medium Chapter 6 Test

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ICS Part II Economics Chapter 0 Important MCQ's

Sr.# Question Answer
1 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
2 Governmet finance is called.
A. National finance
B. Public finance
C. Private finance
D. a and b above
3 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
4 The Government can colect funds from
A. Taxes
B. Fees
C. Prices of public goods
D. All the three
5 In Pakistan, taxes are leived by
A. Prime Minister of Pakistan
B. President of Pakistan
C. Federal cabinet of ministers
D. National Assembly
6 Which source a private company cannot use?
A. A Bank loan
B. Tax
C. Selling new shares in stock exchange
D. Detail finance
7 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
8 This is not a Principal of taxation
A. Principal of equality
B. Pricipal of secracy
C. Principal of adequacy
D. Principal of convenience
9 Which one of the NOT a principle of taxation
A. Principle of equality
B. Pricniple of morality
C. Principleof certainty
D. Principle of diversity
10 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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