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71.

Pakistan's fiscal year starts from:

A.	1st September	B.	1st January
C.	1st April	D.	1st July

72.

The Federal budget is presented in the parliament by:

A.	Prime minister	B.	President
C.	Finance minister	D.	Commerce minister

73.

Pakistan's Budget has parts:

A.	Current and development	B.	Revenue and expenditure
C.	Development and non-development	D.	Both (a) and (b)

74.

Federal government tax revenue collection includes:

A.	Divisible taxes with provinces	B.	Divisible taxes with district govt.
C.	Non-tax revenue	D.	All of the above

75.

Which is true:

A.	Federal govt. collects taxes and shares with provinces	B.	Provincial govt. collects taxes and shares with federal govt.
C.	Federal govt. collects taxes and shares with local govts.	D.	Local govts. Collects, taxes and shares with federal govt.

76.

Which is true?

A.	Federal govt. has the right to collect taxes	B.	Provincial govt. has the right to collect taxes
C.	Local govt. has the right to collect taxes	D.	All of the above is true

77.

The most important body to collect taxes in Pakistan is:

A.	District govts.	B.	State Bank
C.	Ministry of finance	D.	FBR

78.

According to total amount collected the taxes fall in this order:

A.	Custom, excise, sales	B.	Sales, custom, excise
C.	Custom, sales, excise	D.	Excise, sales, custom

79.

According to total amount collected the taxes fall in this order:

A.	Custom, sales tax, income tax	B.	Custom, income tax, sales tax
C.	Income tax, custom, sales tax	D.	Sales tax, custom, excise

80.

Which is true about amount of taxes collected in Pakistan:

A.	Direct taxes are more than indirect taxes	B.	Indirect taxes are more than direct taxes
C.	Provincial taxes are more than federal	D.	Provincial govts. Share taxes with federal govt.