JOIN ADRE 2.0 Telegram Group

Questions on Public Finance | Public Finance MCQs

Questions
1 The budget estimate prepared by ministry of finance is finally approved by:
A State Bank
B President
C Senate
D National Assembly

Answer:National Assembly
2 Federal govt. budget estimate for 2010-11 is:
A 2800 million
B 2800 billion
C 2800 trillion
D Bigger than 2800 trillion

Answer: 2800 billion
Advertisement
Article and Schedule Quiz Start Test!

DOWNLOAD CURRENT AFFAIRS PDF FROM APP

3 Government of Pakistan can increase its resources by:
A Taxing people
B Printing new notes
C Borrowing
D All the three

Answer:All the three
4 The non-Muslims pay Zakat:
A At a higher rate than Muslims
B At a lower rate than Muslims
C At the same rate
D Do not pay Zakat

Answer:Do not pay Zakat
5 To control inflation the government should increase:
A Budget deficit
B Consumer spending
C Income tax
D Pensions

Answer:Income tax
6 In past decades Pakistan increased its GDP, yet living standard of majority has not risen. The most important cause of this situation is:

A Increased govt. expenditure
B Increased imports
C Increased education
D Increased population

Answer:Increased population
7 Which of the following should NOT be the aim of a government:
A Economic growth
B Full employment
C Inequality of incomes
D Price stability

Answer: Inequality of incomes
8 Which of the following would cause incomes to become more unequal:
A Increased employment
B Increased unemployment allowance
C More progressive taxes
D More regressive taxes

Answer:More regressive taxes
9 What is the benefit of tariffs:
A Increased choice
B Increased government revenue
C More competition
D More trade

Answer:Increased government revenue
10 Pakistan's public debt is:
A Larger than GNP
B Approximately equal to GNP
C Smaller than GNP
D Smaller than our exports

Answer:Smaller than GNP

ADRE 2.0 FULL LENGTH MOCK TEST

Take Mock Tests

Missiles Mock Test Start Test!
SSC MTS Mock Test Start Test
IBPS CLERK MOCK TEST Start Test
SSC MTS 2022 JULY 26 Shift 1 (ENGLISH) Start Test!
SSC GD Previous Year Paper 2021 Nov 17 Shift - I (Hindi) Start Test!
SSC CGL Tier - 1 PYP 2022 April 21 Shift- 1 (ENGLISH) Start Test!
MPSC PAPER I MOCK TEST 1 (ENGLISH) Start Test!
IB Security Assistant Mock test 1 (english) Start Test!
UP POLICE CONSTABLE MOCK TEST 1 Start Test!
DELHI POLICE CONSTABLE MOCK TEST 1 (HINDI) Start Test!
Advertisement
Assam Direct Recruitment Test Series