CSS Economics Solved Mcqs

Q.  Value of money means:

a. Gold purchased by money
b. General purchasing power of money
c. Importance of money
d. Demand for money


ANSWER: See Answer
 
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MCQs:  Govt. budget is balanced when:
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MCQs:  Government finance is called:
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MCQs:  How the government can meet its expenditure:
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MCQs:  The government can collect funds from:
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MCQs:  A direct tax is that which:
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MCQs:  In Pakistan government budget is prepared by:
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MCQs:  In Pakistan Income tax is:
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MCQs:  Which tax better conforms to the principle of equality in taxation
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MCQs:  Which one is not a principle of taxation:
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MCQs:  A country has proportional system of taxation. A person pays Rs 500 tax when his income is 5000, how much tax he will pay if his earning rises to 8000:
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MCQs:  Which source a private company cannot use?
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MCQs:  Net taxes are:
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MCQs:  Which is not counted as public expenditure?
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MCQs:  If Income tax is assessed as Rs. 100 on an income of Rs. 1000. Compared to this, which one of the following indictes that the income tax rate is progressive?
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MCQs:  This is NOT a principle of taxation:
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MCQs:  This is principle of taxation
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MCQs:  In Pakistan, the authority to levy taxes lies with:
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MCQs:  This tax is a good example of ability to pay principle of taxes:
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MCQs:  Govt. budget is balanced when:
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MCQs:  The government can meet its expenditure:
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