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Question: What is the aim of the public finance?

  1. a.
    cost minimization
  2. b.
    maximum social welfare
  3. c.
    utility minimization
  4. d.
    profit minimization
  5. e.
    None of these
Answer: b

Question: What is likely to be the effect of an increase in the budget deficit?

  1. a.
    a reduction in inflation
  2. b.
    a reduction in the volume of spending
  3. c.
    an increase in effective demand
  4. d.
    an increase in unemployment
  5. e.
    None of the above
Answer: c

Question: What are the characteristics of a private good?

  1. a.
    non-rivalness and excludability
  2. b.
    non-rivalness and non-excludability
  3. c.
    rivalness and excludability
  4. d.
    rivalness and non-excludability
  5. e.
    None of these
Answer: c

Question: Which of the following is an appropriate government policy for closing deflationary gap?

  1. a.
    an increase in the rate of interest
  2. b.
    an open market sale of bonds
  3. c.
    an increase in government spending
  4. d.
    an increase in income tax
  5. e.
    None of these
Answer: c

Question: What is maximum limit of tax-free personal income (in Tk) in 2010-11?

  1. a.
    130000
  2. b.
    90000
  3. c.
    125000
  4. d.
    150000
  5. e.
    165000
Answer: e

Question: The public sector includes--

  1. a.
    Investors owning companies
  2. b.
    Government ownership of assete
  3. c.
    Market forces of supply and demand
  4. d.
    All trade via barter
Answer: b

Question: The Government of Bangladesh has formulated the 2nd PRSP for the period of--

  1. a.
    July 2009 - June 2014
  2. b.
    Jan 2009 - December 2014
  3. c.
    Jan 2010 - June 2011
  4. d.
    Jan 2010 - December 2011
  5. e.
    July 2009 - June 2011
Answer: e

Question: Who is the chairman of NRB?

  1. a.
    Abdul Majid
  2. b.
    Khairuzzaman
  3. c.
    Badiul Islam
  4. d.
    Dr. Nasiruddin Ahmed
  5. e.
    None of them
Answer: d

Question: VAT stands for--

  1. a.
    Valuation Agreement on Taxes
  2. b.
    Value Added Tax
  3. c.
    Variation in Additional Taxes
  4. d.
    Valuation of Additional Taxes
  5. e.
    Valuation of Aggregated Taxes
Answer: b

Question: What type of tax is it called when tax rate decreases with an increase in income?

  1. a.
    indirect
  2. b.
    proportional
  3. c.
    progressive
  4. d.
    regressive
  5. e.
    none of them
Answer: b

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