Economics MCQs For Lectureship CSS PMS And NTS Part V

41 What are open market operations?

Buying and selling government securities

42 Which objective Monetary policy has?

Decreasing the inflation rate

43 What the legal tender includes?

Currency notes and coins

44 What the State Bank policy of regulating interest rate is called?

Monetary policy

45 Why are taxes levied?

Provide general benefits for the people

46 Taxes on commodities is which type of taxation?

Indirect

47 Governments all over the world prepare its budget

Annually

48 Income tax is which kind of taxation?

Direct

49 What is the most important source of income for a government?

Tax

50 What is called government taxing and spending policy?

Fiscal policy

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