Inspector Inland Revenue Test today solved paper Batch 2  02: 00 Pm held on 21st February 2022. Download today IIR Inspector Inland Revenue  FPSC past paper of 2022 along with answer key.

 Inspector Inland Revenue Fully solved paper Batch 2

Part 1 English Section 

Tax Administration Reforms in Pakistan Inspector Inland Revenue MCQs

1. In compliance with directions of the ____, chairman FBR holds regular e-Kacheri at FBR HQ ?
(A) Prime Minister 
(B) President 
(C) Finance Minister 
(D) None of the above.

2. Under Pakistan Single Window (PSW) Project; more than _____different departments would converge on one platform for facilitation of the business community  ?
(A)  10
(B)  30
(C)  70
(D) None of the above.

3.  Harmonization of sales tax between federation and federating units is making headway under the umbrella of ?
(A)  National Tax Commission
(B) National Tax Committee
(C) National Tax Council
(D) None of the Above..

4. Tax Collection of the FBR during Financial Year 2017-18 was   ?
(A) 3644 Billion
(B) 3744 Billion
(C) 3844 Billion
(D) None of the above.

5. Tax Collection of the FBR during Financial Year 2018-19?
(A) 3629 Billion
(B) 3729 Billion
(C) 3829 Billion
(D) None of the Above.

6. Schedule Means ?
(A) A schedule of Payment of sales tax 
(B) A list of tax payers 
(C) Schedule appended to Sales Tax 1990
(D) None of the Above..

7. Whistle Blower is a person who is  ?
(A) registered but not paying sales tax 
(B) Always deserves reward 
(C) is involved in tax frauds 
(D) None of the Above.

8. Computer System means  ?
(A) All the computers of a tax payer 
(B) Computer on which sales tax return is filed 
(C) any information technology system used by the board
(D) None of the Above.

9. Tier 1 Retailer means a retailer  ?
(A) Operating as a unit of chain of stores 
(B) Who is not a wholesaler 
(C) Whose shop measures one hundred square feet or more 
(D) None of the Above.

10. In case of change of rate of tax a taxable supply shall be charged to tax ?
(A) At such rate which is in force for that month
(B) At the rate of 17%
(C) At the rates decided by Commission I.R
(D) None of the Above

11. Where by a deliberate act a tax has not been levied , the person liable to pay that tax shall be ?
(A) Served with a notice under Section 11 of the act
(B) 5% of the amount tax involved
(C) Rs. 5000 or 3% of the tax involved or whichever is higher
(D) None of the Above

1. Assets =? Liabilities + Equity
2. When capital is introduced by partner , then we should be debited to ? Capital Account
3. In economic term in bull is? An investor who expects prices to rise
4. Fiscal policy address? Government spending and taxation to influence the economy
5. Progressive taxation means? Taxpayer ability to pay
6. Schedule means Alternative corporation Tax
7. What is meant by Non tariff barrier? A way to restrict trade using trade barriers in a form of other than tariff
8. Supply in sale tax includes
9. Computerized system mean
10. Whistleblower is a person ? Who voluntarily provides information to the public
11. Cottage industry mean ?

Income Tax Ordinance 2001 MCAs as amended upto June 2021

If you remember MCQs or Questions of today Inspector Inland Revenue Batch 2 Paper please share below in comments.

Author: Rizwan Khan

Mr. Rizwan has vast Knowledge on Current Affairs and General Knowledge. He has done Master in International Relations along with B.ed and M.ed with teaching capabilities