Important MCQs Pakistan Economy

11 When was the State Bank of Pakistan established?

1948

12 Main departments of the State Bank of Pakistan are

Issue, research and banking department

13 Who run the State Bank of Pakistan?

Board of directors

14 In Pakistan who levied taxes?

National Assembly

15 Who prepared the national budget of Pakistan?

Ministry of Finance

16 In Pakistan the type of income tax is

Direct and progressive

17 The federal budget of Pakistan includes both direct and indirect taxes and proportional and

Progressive taxes

18 In Pakistan, who collect income tax?

Federal government

19 In Pakistan sale tax is

Indirect and proportional

20 Pakistan’s The terms of trade of Pakistan have

Fallen over the past few years

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