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
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2 |
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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3 |
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
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4 |
In Pakistan, taxes are leived by |
- A. Prime Minister of Pakistan
- B. President of Pakistan
- C. Federal cabinet of ministers
- D. National Assembly
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5 |
Govt. taxatio and spending policieis are called. |
- A. Fiscal policy
- B. Monetary policy
- C. Commercial policy
- D. Finance policy
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6 |
Govt. prepares its budget |
- A. Weekly
- B. Montly
- C. Quarterly
- D. Annually
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7 |
It is direct tax |
- A. Excise tax
- B. Sales tax
- C. Income tax
- D. Custom duty
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8 |
Whom of the followng propounded principles of taxation |
- A. Keynes
- B. Adam Smith
- C. Marshall
- D. Ghazali
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9 |
Taxes on commodities are |
- A. Direct taxes
- B. Indirect Taxes
- C. Progressive taxes
- D. Propotional taxes
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10 |
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
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