1 |
It is direct tax |
- A. Excise tax
- B. Sales tax
- C. Income tax
- D. Custom duty
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2 |
Whom of the followng propounded principles of taxation |
- A. Keynes
- B. Adam Smith
- C. Marshall
- D. Ghazali
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3 |
This is not a Principal of taxation |
- A. Principal of equality
- B. Pricipal of secracy
- C. Principal of adequacy
- D. Principal of convenience
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4 |
Taxes on commodities are |
- A. Direct taxes
- B. Indirect Taxes
- C. Progressive taxes
- D. Propotional taxes
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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
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6 |
InPakistan government budget is prepared by |
- A. National Assembly
- B. Presidnet of Pakistan
- C. Ministry of Finance
- D. State Bank of Pakistan
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7 |
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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8 |
The Government can colect funds from |
- A. Taxes
- B. Fees
- C. Prices of public goods
- D. All the three
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9 |
Govt.taxing and spending policies are called. |
- A. Fiscal policy
- B. Public policy
- C. Monetary Policy
- D. Economic policy
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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
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