This quiz works best with JavaScript enabled. Home > Public Finance > Public Finance – Quiz 44 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Public Finance Quiz 44 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Inflation is a problem in the economy. A) Economic growth. B) Economic stability. C) Economic fairness. D) Economic inequality. Show Answer Correct Answer: B) Economic stability. 2. In developing countries which type budjet that the government prepares? A) Deficit. B) Balanced. C) Surplus. D) Development. Show Answer Correct Answer: A) Deficit. 3. Which budget model emphasizes control? A) Planned budget. B) Listed budget. C) Zero-based budget. D) Performance-oriented budget. Show Answer Correct Answer: B) Listed budget. 4. Which of the following is a reason why taxation is relevant to economic development? A) It promotes government corruption. B) It reduces economic inequality. C) It provides government revenues for investment in infrastructure. D) It reduces government accountability. Show Answer Correct Answer: C) It provides government revenues for investment in infrastructure. 5. Which of the following is not related to the word Economic Stability? A) Inflation. B) Unemployment. C) Payment deficit. D) Economic equality. Show Answer Correct Answer: D) Economic equality. 6. PREXC means? A) Program Expenditure Classification. B) Pool expenditure classification. C) Pre-expenditure classification. D) Pre-examination counseling. Show Answer Correct Answer: A) Program Expenditure Classification. 7. Cess is an additional tax for meeting some special purpose ofgovernment. A) True. B) False. Show Answer Correct Answer: A) True. 8. An increasing rate of income tax structure is called a ..... A) Regressive tax. B) Progressive tax. C) Proportional tax. D) Rate tax. Show Answer Correct Answer: B) Progressive tax. 9. Access to social security involves five key elements:coverage, eligibility, affordability, participation and information, and physical access. Everyone should be covered by the State's social security system, particularly the most disadvantaged and marginalized groups, without discrimination on any prohibited ground. A) Availability. B) Social risks and contingencies. C) Adequacy. D) Accessibility. Show Answer Correct Answer: D) Accessibility. 10. The statement of estimated income and expenditure of a year prepared by the government is called A) Public finance. B) Budget. C) Public expenditure. D) Public revenue. Show Answer Correct Answer: B) Budget. 11. Redemtion means repayment of a debt A) True. B) False. Show Answer Correct Answer: A) True. 12. Which of the following is an example of a progressive tax? A) Income tax. B) Excise tax. C) Sales tax. D) Property tax c. Show Answer Correct Answer: A) Income tax. 13. A study that compares the costs and benefits of providing a public good. A) Cots Benefit Analysis. B) Public Goods. C) Research. D) Feasibility Study. Show Answer Correct Answer: A) Cots Benefit Analysis. 14. ..... deals with public revenues, public expenditures, public debt and their accounts A) PUBLIC FINANCE. B) BUSINESS FINANCE. Show Answer Correct Answer: A) PUBLIC FINANCE. 15. According to Mrs. Hicks, the exact reaction of tax payers or the economic repercussions can only be understood through the concept of ..... A) Formal incidence. B) Effective incidence. C) Direct money burden. D) Indirect money burden. Show Answer Correct Answer: B) Effective incidence. 16. The satisfaction a consumer derives from the consumption of additional unit of a commodity is called ..... utility A) Total. B) Average. C) Place. D) Marginal. Show Answer Correct Answer: D) Marginal. 17. Whose work is this book? "The General Theory of Employment, Interest and Money" was first published in 1936. A) Adam Smith. B) Puey Ungphakorn. C) John Menard Keynes. D) Alfred Marshall. Show Answer Correct Answer: C) John Menard Keynes. 18. Which of the following is a finance role of local public finance? A) Providing basic public services like education and healthcare. B) Managing the national debt. C) Regulating the stock market. D) All of the above. Show Answer Correct Answer: A) Providing basic public services like education and healthcare. 19. The Thai government's income generally consists of the following main income sources. But which one is not? A) Income from the central budget. B) Various taxes. C) Selling things and services. D) State commercial income. Show Answer Correct Answer: A) Income from the central budget. 20. A plan of financial operation composed of estimate or proposed expenditure for a given period or purposed and the proposed means of financing them. A) Accountability. B) Expenditure. C) Funds. D) Budget. Show Answer Correct Answer: D) Budget. ← 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