Pak Gk Latest Tips Tricks and Guide
A. Principle of equality B. Principle of certainty C. Principle of secrecy D. Both (a) & (b) Right Answer: Both (a) & (b)
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Progressive taxes?
A. Increase government revenue B. Bring equality in distribution of incomes C. Act as penalty for rich people D. Both (a) & (b) Right Answer: Both (a) & (b)
Read More »The most important source of income of a government is?
A. Foreign loans B. Taxes C. Printing of new money D. Sale of government property Right Answer: Taxes
Read More »These are heads of expenditure of the government EXCEPT?
A. Provide social services B. Defence C. Improve transport and communication D. Provide cosmetics Right Answer: Provide cosmetics
Read More »It is direct tax?
A. Excise tax B. Sales tax C. Income tax D. Custom duty Right Answer: Income tax
Read More »One of the following is NOT a feature of private finance?
A. Publicity B. Secrecy C. Efforts to balance income and expenditure D. Taking steps to increase income Right Answer: Secrecy
Read More »One of the following is NOT a feature of private finance?
A. Balancing of income and expenditure B. Secrecy C. Saving some part of income D. Publicity Right Answer: Publicity
Read More »Govt. prepares its budget?
A. Weekly B. Monthly C. Quarterly D. Annually Right Answer: Annually
Read More »Taxes on commodities are?
A. Direct taxes B. Indirect taxes C. Progressive taxes D. Proportional taxes Right Answer: Indirect taxes
Read More »Whom of the following propounded principles of taxation?
A. Keynes B. Marshall C. Adam Smith D. Al Ghazali Right Answer: Adam Smith
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