PU COM 2026 Public Finance Free Quiz 1

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PU COM 2026 Public Finance Free Quiz 1

PU COM Quiz

10:00

Answered: 0 / 10

Remaining: 10

Navigator 10 Q

General

General 10 MCQs

1. What is public revenue?

A. Government spending B. Government income C. Private sector income D. Bank profits

2. What is the primary source of public revenue?

A. Borrowing B. Printing money C. Taxation D. Foreign aid

3. What is public expenditure?

A. Government spending B. Government revenue C. Private spending D. Bank spending

4. What is a government budget?

A. Tax collection plan B. Spending plan only C. Revenue plan only D. Financial plan of revenue and expenditure

5. What is fiscal policy?

A. Monetary policy B. Fiscal policy C. Trade policy D. Industrial policy

6. What is public debt?

A. Private debt B. Corporate debt C. Government debt D. Bank debt

7. What are direct taxes?

A. Paid directly to government B. Paid indirectly through prices C. Paid by businesses only D. Paid by foreigners only

8. What are indirect taxes?

A. Collected directly from individuals B. Collected from businesses C. Collected from banks D. Collected from consumers through intermediaries

9. What is a progressive tax?

A. Takes the same percentage B. Takes a higher percentage from higher incomes C. Takes a lower percentage from higher incomes D. Is not based on income

10. When does a deficit budget occur?

A. Revenue exceeds expenditure B. Revenue equals expenditure C. Expenditure exceeds revenue D. No revenue

📋 PU COM - Test Online Practice Quizzes

Punjab University Entry Test PU-COM

Conducting Body: University of The Punjab (PU)

Frequency: Bi-Annual | Time: 80 Minutes

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⚡ Test Pattern (Total: 100 MCQs):

English: 20 MCQs
Accounting: 20 MCQs
Economics: 20 MCQs
Quantitative Reasoning: 20 MCQs

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