This quiz works best with JavaScript enabled. Home > Public Finance > Public Finance – Quiz 22 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Public Finance Quiz 22 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. In this phase, the DBM monitors the efficiency of fund utilization, assess agency performance, and provides vital basis for reforms and new policies. A) Budget Accountability. B) Budget Preparation. C) Budget Authorization/Legislation. D) Budget Execution and Control. Show Answer Correct Answer: A) Budget Accountability. 2. One my colleague won half a million ..... the lottery. A) On. B) In. C) By. D) From. Show Answer Correct Answer: A) On. 3. According to the World Bank, in 2010 the world's combined GDP was approximately $ 63.4 trillion, with the five countries having the highest GDP. But which one is not? A) United States of America. B) Germany. C) India. D) China. Show Answer Correct Answer: C) India. 4. What is the role of fiscal policy in public finance? A) To regulate the money supply. B) To control the level of government expenditure. C) To regulate interest rates. D) To stabilize the economy through government spending and taxation. Show Answer Correct Answer: D) To stabilize the economy through government spending and taxation. 5. Which category of expenditure is classified as Capital Expenditure? A) Utilities category. B) Equipment, land and buildings category. C) Subsidy category. D) Compensation category Usability and materials. Show Answer Correct Answer: B) Equipment, land and buildings category. 6. Which statement is correct regarding the operating results in fiscal year 2019 as a whole of Thai state enterprises? A) There were 12 state enterprises that lost money. B) All state enterprises generate profits for the entire state. C) There are 50 profitable state enterprises. D) There were 9 state enterprises that lost money. Show Answer Correct Answer: A) There were 12 state enterprises that lost money. 7. What types of aspects are measured in the Public Finance criteria A) Quantitative. B) Qualitative. C) Quantitative and qualitative. D) National accounts. Show Answer Correct Answer: C) Quantitative and qualitative. 8. Which is an important indicator of economic equality? A) Gini coefficient. B) Regression coefficient. C) Poverty coefficient. D) Corrado coefficient. Show Answer Correct Answer: A) Gini coefficient. 9. How does public finance relate to sustainability and the environment? A) It has no impact on sustainability or the environment. B) It encourages sustainable development through tax incentives. C) It discourages sustainable development through tax penalties. D) It has a neutral effect on sustainability and the environment. Show Answer Correct Answer: B) It encourages sustainable development through tax incentives. 10. Regressive tax rate A) Whoever works no matter how much Must pay taxes equally. B) Who can work for little money? Have to pay a lot of taxes. C) Who can make a lot of money? Have to pay a lot of taxes. D) Who can't work as expected? No tax required. Show Answer Correct Answer: B) Who can work for little money? Have to pay a lot of taxes. 11. In the case of direct tax, impact and incidence are on: A) Different person. B) Same person. C) Sellers. D) None of these. Show Answer Correct Answer: B) Same person. 12. Capital expenditure is the expenditure on A) Research and development. B) Machinery. C) Equipment. D) All of the above. Show Answer Correct Answer: D) All of the above. 13. Utility is measured in A) Kilograms. B) Utils. C) Grams. D) Liters. Show Answer Correct Answer: B) Utils. 14. Which of the following is an example of a non-excludable public good? A) Private beach. B) Public park. C) Private club. D) Private university. Show Answer Correct Answer: B) Public park. 15. Preparation, Passing and implementation of government budget are covered by: A) Piscal policy tool. B) Monetary Policy tools. C) Financial administration. D) Judicial Administration. Show Answer Correct Answer: C) Financial administration. 16. The fee for borrowing and using someone else's money. A) Expense. B) Interest. C) Interest rate. D) Income. Show Answer Correct Answer: B) Interest. 17. Before his wedding Tom ..... a lot of money from his current account. A) Borrowed. B) Lent. C) Sold. D) Withdrew. Show Answer Correct Answer: D) Withdrew. 18. When government transfers payments, they are said to be ..... A) Nonexhaustive. B) Exhaustive. C) Both are correct. D) Neither is correct. Show Answer Correct Answer: A) Nonexhaustive. 19. The qualitative aspects that are evaluated have to do with A) External debt management, debt growth expectations. B) Management of finances, tax evasion and direction of pension funds. C) Domestic debt, tax expectations and pension fund management. D) Pension funds, external debt management and expectations of tax reforms. Show Answer Correct Answer: B) Management of finances, tax evasion and direction of pension funds. 20. ..... is a compulsory contribution from the person to the government without reference to special benefits conferred." A) Tax. B) GST. C) Custom Duty. D) None of above. Show Answer Correct Answer: A) Tax. ← PreviousNext →Related QuizzesPublic Finance Quiz 1Public Finance Quiz 2Public Finance Quiz 3Public Finance Quiz 4Public Finance Quiz 5Public Finance Quiz 6Public Finance Quiz 7Public Finance Quiz 8Public Finance Quiz 9Public Finance Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books