This quiz works best with JavaScript enabled. Home > Public Finance > Public Finance – Quiz 9 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Public Finance Quiz 9 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which Secretary of the Treasury of the United States is the owner of the statement? "If there is an appropriate amount of public debt, it will be a national blessing." (National Blessing) A) Alexander Hamilton. B) Thomas Robert Malthus. C) Adam Smith. D) John Maynard Keynes. Show Answer Correct Answer: A) Alexander Hamilton. 2. A balanced budget often requires a state to over spend. A) True. B) False. Show Answer Correct Answer: B) False. 3. Which of the following definitions corresponds to this? "The amount of money that commercial banks can lend to increase the amount of money entering the economy." A) Legal cash reserve. B) Cash reserves according to the central bank account. C) Excess cash reserves. D) Total cash reserves. Show Answer Correct Answer: C) Excess cash reserves. 4. Principles of Public Debt Management include all of the following EXCEPT: A) Raise the required amount of funding. B) Efficient market for government securities. C) No risk management practices are not necessary. D) Ensure that both the level and rate of growth in their public debt are on a sustainable path. Show Answer Correct Answer: C) No risk management practices are not necessary. 5. Direct tax consists of A) Personal income tax. B) Corporate tax. C) Stamp duty. D) All of these. Show Answer Correct Answer: D) All of these. 6. Which bank made a good business on the French indemnification after Napoleon? A) Rotschild. B) Lloyds. C) Barings. D) Bank of England. Show Answer Correct Answer: C) Barings. 7. When Es> Ed, more incidence is on A) Buyers. B) Sellers. C) Government. D) None of these. Show Answer Correct Answer: A) Buyers. 8. Resource allocation A) Focus on destroying resources that do not affect the market. to achieve maximum efficiency. B) Focus on cultivating awareness So that people can use resources wisely. C) Focus on allocating limited resources To be used with maximum efficiency. D) All correct. Show Answer Correct Answer: C) Focus on allocating limited resources To be used with maximum efficiency. 9. Which one of the following is not a type of deficit finance? A) Revenue deficit. B) Budget defecit. C) Capital defecit. D) Primary deficit. Show Answer Correct Answer: C) Capital defecit. 10. MSMEs with a loan value of more than IDR 500 million to IDR 10 billion are NOT entitled to a credit stimulus A) Correct. B) Salah. Show Answer Correct Answer: B) Salah. 11. Which is not a method of government borrowing? A) Issuance of money insurance tickets. B) Issuance of bonds. C) Issuing treasury bills. D) Making a loan contract. Show Answer Correct Answer: A) Issuance of money insurance tickets. 12. Which office proposes using State Mechanism to intervene in the economy, clearly with the goal of economic stability? A) Classical school. B) Neoclassical school. C) Bureau of State Mechanisms. D) Keynesian school. Show Answer Correct Answer: D) Keynesian school. 13. Refers to the amount of money circulating in the economy at any one time. A) Aggregate Demand. B) Monetary Policy. C) Money Supply. D) Demand Supply. Show Answer Correct Answer: C) Money Supply. 14. Budget 2018 is A) Effective from 1 October 2017 and ending on 30 September 2018. B) Effective from 1 January 2017 and ending on 31 December 2018. C) Effective from 5 July 2018 and ending on 4 July 2019. D) It started in February 2018 and ended in January 2019. Show Answer Correct Answer: A) Effective from 1 October 2017 and ending on 30 September 2018. 15. It deals about the contracts intended to be implemented for the fiscal year should be fully delivered by the end of the fiscal year A) ANNUAL CASH-BASED BUDGETING. B) OBLIGATION-BASED BUDGETING. Show Answer Correct Answer: A) ANNUAL CASH-BASED BUDGETING. 16. Will you pay ..... cash or by card? A) With. B) By. C) On. D) In. Show Answer Correct Answer: D) In. 17. Identify which doesn't belongs to group A) Personal Income tax. B) Corporate tax. C) Wealth tax. D) Import-export taxes. Show Answer Correct Answer: D) Import-export taxes. 18. Which is not related to the issue of cash reserves of commercial banks? A) Cash reserve difference. B) Legal cash reserve. C) Excess cash reserves. D) Total cash reserves. Show Answer Correct Answer: A) Cash reserve difference. 19. Which is not a type of income for local government organizations? A) Local income is collected by yourself. B) Government revenue collected. C) Income from donations. D) Government income is shared. Show Answer Correct Answer: C) Income from donations. 20. Which statement most accurately describes Keynesian economic management? A) Supply Management. B) Demand and Supply Management. C) Market Mechanism Management. D) Demand Management. Show Answer Correct Answer: D) Demand Management. ← 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 10Public Finance Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books