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

Govt.taxing and spending policies are called.

Question # 2

Progressive taxes

Question # 3

The Government can colect funds from

Question # 4

Taxes on commodities are

Question # 5

In Pakistan Income tax is

Question # 6

Whom of the followng propounded principles of taxation

Question # 7

InPakistan government budget is prepared by

Question # 8

Prograssive taxes

Question # 9

The most important source of income of a government is.

Question # 10

Which source a private company cannot use?

Question # 11

The most important source of income of a goernemnt is.

Question # 12

Which one of the NOT a principle of taxation

Question # 13

This is not a Principal of taxation

Question # 14

Governmet finance is called.

Question # 15

It is direct tax

Question # 16

Govt. taxatio and spending policieis are called.

Question # 17

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

Prepare Complete Set Wise Chapter 0 "ICS Part 2 Economics English Medium Chapter 6 Online Test" MCQs Online With Answers


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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 Taxes on commodities are
A. Direct taxes
B. Indirect Taxes
C. Progressive taxes
D. Propotional taxes
2 Govt.taxing and spending policies are called.
A. Fiscal policy
B. Public policy
C. Monetary Policy
D. Economic policy
3 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
4 Governmet finance is called.
A. National finance
B. Public finance
C. Private finance
D. a and b above
5 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
6 The Government can colect funds from
A. Taxes
B. Fees
C. Prices of public goods
D. All the three
7 It is direct tax
A. Excise tax
B. Sales tax
C. Income tax
D. Custom duty
8 Which one of the NOT a principle of taxation
A. Principle of equality
B. Pricniple of morality
C. Principleof certainty
D. Principle of diversity
9 The most important source of income of a goernemnt is.
A. Foreign loans
B. Taxes
C. Printing of new money
D. Sale of governemnt property
10 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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