| 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 |
Which one of the NOT a principle of taxation |
- A. Principle of equality
- B. Pricniple of morality
- C. Principleof certainty
- D. Principle of diversity
|
| 3 |
Govt.taxing and spending policies are called. |
- A. Fiscal policy
- B. Public policy
- C. Monetary Policy
- D. Economic policy
|
| 4 |
InPakistan government budget is prepared by |
- A. National Assembly
- B. Presidnet of Pakistan
- C. Ministry of Finance
- D. State Bank of Pakistan
|
| 5 |
It is direct tax |
- A. Excise tax
- B. Sales tax
- C. Income tax
- D. Custom duty
|
| 6 |
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
|
| 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 |
Govt. prepares its budget |
- A. Weekly
- B. Montly
- C. Quarterly
- D. Annually
|
| 9 |
Governmet finance is called. |
- A. National finance
- B. Public finance
- C. Private finance
- D. a and b above
|
| 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
|
