(A) Grater then GNP
(B) Approximately equal to GNP
(C) Small then GNP
(D) Smaller then our exports
Category: Economics Mcqs
Users will find here Economics Mcqs for NTS, CSS, PMS, PPSC, FPSC, KPPSC, AJKPSC, BPSC, PTS, SPSC, Lecturer and all other types of Competitive Exams and Interviews. Economics students can prepare their Economics Portion for all test from here.
Which of the following would cause income to become more unequal:
(A) Increased employment
(B) Increased unemployment allownce
(C) More progressive taxes
(D) More regressive taxes
In Pakistan income tax is:
(A) Progressive tax
(B) Proportional
(C) Direct
(D) Both a and c
In Pakistan government budget is prepared by:
(A) National Assembly
(B) Presedent of Pakistan
(C) Ministry of finance
(D) State bank of Pakistan
Which of the following tax is best example of ability to pay principal of taxes:
(A) Excise tax on cigarettes’
(B) Highway tool tax
(C) Proportional sales tax
(D) Personal Income tax
It is direct tax:
(A) Excise tax
(B) Sales tax
(C) Income tax
(D) Custom duty
Taxes on commodities are:
(A) Direct taxes
(B) Indirect taxes
(C) Progressive taxes
(D) Proportional taxes
Whom of the following propounded principals of taxation:
(A) Keynes
(B) Marshal
(C) Adam Smith
(D) Al Ghazali