Correct Answer:
B. Federal development projects
PSDP is the federal development budget for infrastructure and social projects.
November 13, 2026 · Accounting and Finance MCQs, Public Finance & Budgeting MCQs
The Public Sector Development Programme (PSDP) mainly finances:
Related MCQs
The National Finance Commission (NFC) is constituted under:
A.
Article 90 of the Constitution
B.
Article 140 of the Constitution
C.
Article 175 of the Constitution
D.
Article 160 of the Constitution
Correct answer is:
D. Article 160 of the Constitution
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Which of the following errors will NOT be disclosed by a trial balance?
A.
Posting a debit entry on the credit side only
B.
Wrong addition of a ledger account
C.
Posting only one side of an entry
D.
Complete omission of a transaction from the books
Correct answer is:
D. Complete omission of a transaction from the books
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Dividends are Rs. 30,000 and net income is Rs. 100,000. The dividend payout ratio is:
A.
70%
B.
3.3%
C.
300%
D.
30%
Correct answer is:
D. 30%
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An example of a direct tax is:
A.
Sales tax
B.
Customs duty
C.
Excise duty
D.
Income tax
Correct answer is:
D. Income tax
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Diversification can eliminate:
A.
Unsystematic (specific) risk
B.
Systematic risk
C.
Inflation risk of the whole economy
D.
Market risk entirely
Correct answer is:
A. Unsystematic (specific) risk
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Cost-benefit analysis of public projects compares:
A.
Only the private profits
B.
Social costs and social benefits of the project
C.
Only the initial costs
D.
Tax revenue with expenditure of the entire government
Correct answer is:
B. Social costs and social benefits of the project
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