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6th Chapter

12th Economics Chapter 6 Test

Here you can prepare 12th Economics English Medium Chapter 6 Central Bank Test. Click the button for 100% free full practice test.

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

This online test contains MCQs about following topics:

. Function of central bank
. Credit control and monetary policy

ICS Part 2 Economics Ch. 6 Test
ic

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

Sr. # Questions Answers Choice
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 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
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
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 Govt. taxatio and spending policieis are called.
  • A. Fiscal policy
  • B. Monetary policy
  • C. Commercial policy
  • D. Finance policy
6 Govt. prepares its budget
  • A. Weekly
  • B. Montly
  • C. Quarterly
  • D. Annually
7 It is direct tax
  • A. Excise tax
  • B. Sales tax
  • C. Income tax
  • D. Custom duty
8 Whom of the followng propounded principles of taxation
  • A. Keynes
  • B. Adam Smith
  • C. Marshall
  • D. Ghazali
9 Taxes on commodities are
  • A. Direct taxes
  • B. Indirect Taxes
  • C. Progressive taxes
  • D. Propotional taxes
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

Top Scorers of Economics Ics Part 2 English Medium Chapter 6 Online Test

M

Muhammad Kashif

Lahore25 - Apr - 2024

16/17
02 Mins 42 Sec
M

Muhammad Kashif

Lahore25 - Apr - 2024

14/17
02 Mins 36 Sec
M

Muhammad Kashif

Lahore25 - Apr - 2024

14/17
02 Mins 51 Sec
M

Muhammad Kashif

Lahore25 - Apr - 2024

14/17
04 Mins 11 Sec

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