Q. 1
Elaborate the different causes of adverse balance of payments? Also explain the measures which can be taken in order to improve the balance of payments?
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PPSC · PMS Punjab 2022
Commerce, Paper II
This paper
Commerce · all yearsQ. 1 · Elaborate the different causes of…Q. 2 · What are the features of…Q. 3 · How do commercial banks create…Q. 4 · Define internal control and internal…Q. 5 · Discuss the main contribution of…Q. 6 · Define and differentiate the features…Q. 7 · As we all know that…Q. 8 · Where the taxable income exceeds…With this paper← 20222023 →3 hours · questions hide until you reveal them
Q. 2
- (a)What are the features of essential documents required to register a partnership and a public limited company?
- (b)Discuss Law/Act to be followed during the registration procedure of a partnership and a public limited company? Elaborate some salient features?
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Q. 3
How do commercial banks create credit? Discuss in detail?
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Q. 4
Define internal control and internal check? What are the principles of an effective internal control system in a large scale departmental store?
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Q. 5
Discuss the main contribution of Peter Drucker to management philosophy. Give critical evaluation of different researchers to Drucker's concept.
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Q. 6
Define and differentiate the features of following terms;
- (a)Authorized capital and the outstanding capital
- (b)Capital and equity
- (c)Debt and equity
- (d)Bond and share
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Q. 7
As we all know that the central bank of any country performs several functions to bring the financial stability. Since the coronavirus has instigated the global economic downturn the SBP has played important role to ensure the economic and financial stability during and the post COVID-19. Discuss the several measure taken by SBP to combat the shocks of COVID-19.
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Q. 8
Where the taxable income exceeds Rs. 80,00,000 but does not exceeds Rs. 1,20,00,000 Rs. 13,45,000 + 35% of the amount exceeding Rs. 80,00,000 9 Where the taxable income exceeds Rs. 1,20,00,000 but does not exceeds Rs. 3,00,00,000 Rs. 23,45,000 + 27.5% of the amount exceeding Rs. 1,20,00,000 10 Where the taxable income exceeds Rs. 3,00,00,000 but does not exceeds Rs. 5,00,00,000 Rs. 72,95,000 + 30% of the amount exceeding Rs. 3,00,00,000 11 Where the taxable income exceeds Rs. 5,00,00,000 but does not exceeds Rs. 7,50,00,000 Rs. 1,32,95,000 + 32.5% of the amount exceeding Rs. 5,00,00,000 12 Where the taxable income exceeds Rs. 7,50,00,000 Rs. 2,14,20,000 + 35% of amount exceeding Rs. 7,50,00,000 Rate of Taxation of Property Income for Individuals and AOP S. No Gross Amount of Rent Rate of Tax 1. Where the gross amount of rent not exceed Rs. 200,000 Nil 2. Where the gross amount of rent exceeds Rs. 200,000 but does not exceeds Rs. 600,000 5% of gross amount exceeding Rs. 200,000 3. Where the gross amount of rent exceeds Rs. 600,000 but does not exceeds Rs. 10,00,000 Rs. 20,000 plus 10% of the amount exceeding Rs. 600,000 4. Where the gross amount of rent exceeds Rs. 10,00,000 but does not exceeds Rs. 20,00,000 Rs. 60,000 plus 15% of the amount exceeding Rs. 10,00,000 5. Where the gross amount of rent exceeding Rs. 20,00,000 Rs. 210,000 plus 20% of the gross amount exceeding Rs. 20,00,000
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About this paper
The 2022 PMS Punjab Commerce paper set by the PPSC. Question wording only; questions marked “Not yet checked” have not been compared with the official paper yet.
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