FBR MCQs Test Questions, FBR Past Papers MCQs

FBR | Functions | Inland Revenue | Taxation | Sales | Income | Excise | Fiscal Policy

Federal Board of Revenue (FBR) MCQs with Answers. These FBR related questions also contain MCQs from FBR past papers. Federal Board Revenue (FBR) Multiple Choice Questions (MCQs) Test with Answers. The following quizzes are from FBR Act 2007, functions of FBR including inland revenue division. Quizzes from income tax, sales tax and federal excise duty. Find answers to the questions at the bottom of the page.

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FBR Past Papers MCQs

Q. In the FBR Act 2007, “fiscal laws” means laws relating to
(A) finance
(B) commerce
(C) trade
(D) taxation

The answer is: (D) taxation ☑

Q. Federal Board of Revenue (FBR) is under the revenue division of the
(A) commerce ministry
(B) finance ministry
(C) state bank
(D) federal government

The answer is: (B) finance ministry ☑

Q. The Central Board of Revenue became Federal Board of Revenue by the enactment of
(A) FBR Act 2006
(B) FBR Act 2007
(C) FBR Act 2008
(D) FBR Act 2009

The answer is: (B) FBR Act 2007 ☑

Q. All properties, assets and records of the Central Board of Revenue were transferred to _______ by the enactment of FBR Act 2007.
(B) Finance Ministry
(C) Federal Government
(D) none of these

The answer is: (A) FBR ☑

Q. The current chairman of FBR is
(A) Ashfaq Ahmed
(B) Tariq Mahmood Pasha
(C) Nisar Muhammad Khan
(D) Asim Ahmed

The answer is: (A) Ashfaq Ahmed ☑

Q. The Chairman FBR is
I. Executive head of the Board
II. Secretary of the Revenue Division
III. Chief Commissioner Inland Revenue
(A) I only
(B) II only
(C) I and II
(D) I, II and III

The answer is: (C) I and II ☑


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