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"

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ICS Part 2 Economics English Medium Chapter 6 Online Test

00:00
Question # 1

The most important source of income of a goernemnt is.

Question # 2

This is not a Principal of taxation

Question # 3

Govt.taxing and spending policies are called.

Question # 4

In Pakistan, taxes are leived by

Question # 5

It is direct tax

Question # 6

Govt. prepares its budget

Question # 7

Progressive taxes

Question # 8

Whom of the followng propounded principles of taxation

Question # 9

Governmet finance is called.

Question # 10

In Pakistan Income tax is

Question # 11

Which source a private company cannot use?

Question # 12

Prograssive taxes

Question # 13

Govt. taxatio and spending policieis are called.

Question # 14

Oneof he following is NOT a feature of private finance.

Question # 15

Which one of the NOT a principle of taxation

Question # 16

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

Question # 17

The most important source of income of a government is.

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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 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 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
3 It is direct tax
A. Excise tax
B. Sales tax
C. Income tax
D. Custom duty
4 In Pakistan, taxes are leived by
A. Prime Minister of Pakistan
B. President of Pakistan
C. Federal cabinet of ministers
D. National Assembly
5 This is not a Principal of taxation
A. Principal of equality
B. Pricipal of secracy
C. Principal of adequacy
D. Principal of convenience
6 In Pakistan Income tax is
A. Progressive tax
B. Regressive tax
C. Proportional tax
D. Fixed tax
7 Govt. prepares its budget
A. Weekly
B. Montly
C. Quarterly
D. Annually
8 The Government can colect funds from
A. Taxes
B. Fees
C. Prices of public goods
D. All the three
9 Governmet finance is called.
A. National finance
B. Public finance
C. Private finance
D. a and b above
10 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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