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Federal Board of Revenue (FBR) Function and Role Test Online

Mustansar KhanLast Updated: July 8, 2025

Federal Board of Revenue (FBR) Function and Role Test Online

Federal Board of Revenue (FBR) Function and Role Test

Total Questions:	47
Time Allowed:	20 Minutes
Total Marks:	47
How to Attempt Test:	Please choose the right Option in MCQ-type question.
Test Helpful For:	FBR Sub Inspector Test Customs Inspector Test FBR Interviews FBR Sepoy Test Preparation for Customs and Tax Related Questions

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1. What key initiative was launched by FBR to increase voluntary compliance in 2020?

Introduction of new tax brackets

Tax audit reforms

E-filing of tax returns

Tax amnesty program

2. Which of the following describes FBR’s role in the collection of excise duties?

FBR is not responsible for excise duties

Excise duties are collected at provincial levels only

FBR collects excise duties on international trade

FBR collects excise duties from domestic manufacturers

3. What role does the FBR play in Pakistan’s economy?

It is the primary body for monetary control

It collects the majority of government revenue

It supports the stock market

It oversees defense expenditures

4. Which of the following is the primary function of the Federal Board of Revenue (FBR)?

To manage national security

To provide educational services

To collect taxes and revenue

To regulate the economy

5. What is the key objective of FBR’s customs division?

To handle tax compliance from multinational companies

To manage tax collection from the agricultural sector

To collect duties and taxes on imports and exports

To distribute tax refunds to businesses

6. Which of the following is a function of the FBR’s Directorate of Intelligence and Investigation?

To set up tax exemptions for international businesses

To conduct financial planning for the government

To investigate and prevent tax evasion

To create educational programs about taxes

7. The FBR’s structure includes which of the following divisions?

Ministry of Finance

State Bank of Pakistan

Pakistan Revenue Authority

Income Tax and Customs Divisions

8. Which of the following is an example of a key initiative introduced by the FBR for enhancing compliance?

Establishing an automated online system for businesses to file taxes

Imposing higher fines for tax evasion

Offering tax exemptions for all SMEs

Raising tax rates on exports

9. Which of the following best defines the FBR’s role in tax policy development?

To offer tax exemptions for local businesses

To set tax rates for all businesses

To enforce national trade policies

To develop and implement tax policies

10. Who heads the Federal Board of Revenue (FBR)?

Chairman

President of Pakistan

Prime Minister

Finance Minister

11. Which of the following taxes does the FBR collect from individuals?

Property tax

Income tax

Land tax

Poll tax

12. Which of the following sectors does the FBR collect taxes from?

Financial services only

Agricultural sector only

Only from multinational corporations

Both individuals and businesses

13. Which of the following is a key goal of the FBR’s reforms?

Ensuring effective revenue collection

Promoting non-taxable income

Reducing the corporate tax rate

Lowering taxes for multinational corporations

14. Which of the following is a key initiative of the FBR to improve tax compliance?

Online tax filing system

Free healthcare services

National education program

Foreign investment promotion

15. How does the FBR promote digitalization of tax services?

Through international trade agreements

Through the introduction of e-filing for tax returns

By allowing businesses to pay taxes in installments

By offering tax exemptions for IT companies

16. What does the FBR do in the case of tax evasion?

Investigates and enforces penalties for tax evaders

Encourages individuals to report tax evasion

Nothing, as tax evasion is legal

Provides tax exemptions for individuals who evade taxes

17. What is the role of the FBR in tax audits?

To enforce international trade agreements

To offer financial advice to companies

To identify individuals with income tax exemptions

To monitor and ensure compliance with tax laws

18. What is the main goal of the FBR’s initiatives to increase voluntary tax compliance?

To increase government spending

To promote the use of cash transactions

To ensure that more taxpayers follow tax laws

To increase penalties for tax evasion

19. What is the key purpose of the FBR’s online tax filing system?

To simplify the process of submitting tax returns

To allow taxpayers to pay in installments

To increase tax rates on certain commodities

To reduce the number of tax audits

20. Which of the following best describes FBR’s role in facilitating business growth?

FBR provides loans to small businesses

FBR enforces tax compliance to ensure a level playing field for businesses

FBR reduces business taxes to encourage foreign businesses

FBR prevents business growth through high taxes

21. What is the FBR’s role in tax policy development?

To regulate banking operations

To formulate tax policies and set tax rates for the federal government

To provide tax deductions for international companies

To collect taxes only from businesses

22. Which of the following functions is managed by the FBR to assist with international trade?

Export subsidies

Import duties

Import and export tax exemptions

Foreign currency regulation

23. Which of the following taxes is collected by the FBR?

Education Tax

Income Tax

Municipal Tax

Provincial Sales Tax

24. What does the FBR use to monitor and enforce tax compliance?

Tax amnesty schemes

International financial audits

Annual income reports

National database of tax defaulters

25. Which of the following taxes does the FBR administer related to the sale of goods and services?

Capital gains tax

Agricultural tax

Sales tax

Property tax

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26. Which of the following is the role of the FBR in ensuring tax compliance?

Offering tax incentives to multinational corporations

Running financial institutions

Tax audits and assessments

Providing loans to businesses

27. What is the purpose of FBR’s tax amnesty schemes?

To punish tax evaders

To reduce the amount of revenue collected

To offer tax benefits to international companies

To encourage voluntary tax compliance

28. Which of the following taxes is directly imposed by FBR on goods entering Pakistan?

Customs duties

Property tax

Inheritance tax

Sales tax

29. Which of the following statements is true about FBR’s role in national revenue?

FBR is not involved in the collection of revenue

FBR focuses only on small-scale business taxes

FBR manages a major portion of the country’s revenue collection

FBR is the only body responsible for national revenue collection

30. Which of the following taxes is NOT directly managed by the FBR?

Agricultural tax

Income tax

Corporate tax

Sales tax

31. Which of the following initiatives was launched by FBR to increase transparency in tax collections?

Lowering the tax rates for the wealthy

Introduce tax exemptions for large corporations

Releasing tax data to the public

E-filing and automation of the tax system

32. Which department falls under the Federal Board of Revenue (FBR)?

Customs Department

Pakistan International Airlines

National Database and Registration Authority

State Bank of Pakistan

33. Which of the following is one of the main functions of the FBR?

Provide social security

Regulate business operations

Issue currency notes

Formulate tax policies

34. What is the FBR’s role in managing tax fraud?

To prosecute tax evaders

To conduct audits and identify fraud

To eliminate foreign exchange barriers

To set tax rates for large corporations

35. Which of the following is an FBR initiative to broaden the tax base?

Limiting the scope of tax audits

Imposing higher tax rates on imports

Introduction of new tax laws

Extending tax amnesty programs

36. Which is a major role of the FBR in Pakistan’s international trade?

To promote domestic investment only

To implement international monetary policies

To regulate import/export taxes and duties

To manage currency exchange rates

37. Which of the following divisions does the FBR operate under?

Ministry of Commerce

State Bank of Pakistan

Pakistan Revenue Authority

Income Tax and Customs

38. What is the primary purpose of FBR's customs division?

To monitor real estate transactions

To collect taxes from business owners

To audit individual tax returns

To manage taxes and duties on imports and exports

39. Who is the current Chairman of the Federal Board of Revenue (FBR)?

Dr. Muhammad Ashfaq Ahmad

Shabbar Zaidi

Asim Ahmad

Raza Baqir

40. Which of the following best describes the role of the FBR in the federal budget?

To manage government revenue collection

To set interest rates

To monitor the government’s expenses

To provide loans to the government

41. Which of the following taxes is administered by the FBR for imports and exports?

Inheritance tax

Sales tax

Capital gains tax

Customs duties

42. Which of the following is an objective of the FBR’s ongoing reforms?

To increase tax rates on all individuals

To simplify and modernize the tax collection process

To eliminate taxation for large corporations

To prevent international investments in Pakistan

43. Which of the following is the FBR responsible for managing in relation to indirect taxes?

Sales tax collection

Educational grants

Corporate tax returns

Banking policies

44. Which of the following taxes is collected by the FBR from business entities?

Property tax

Inheritance tax

Corporate tax

Sales tax

45. What is the FBR’s main responsibility in managing tax collection?

To issue government bonds for financing

To facilitate the collection of taxes like income, sales, and customs duties

To manage government subsidies for low-income citizens

To track all international financial transactions

46. How does the FBR encourage businesses to comply with tax laws?

By providing tax breaks to foreign companies

By conducting regular audits and inspections

By offering free tax advisory services to corporations

By eliminating income tax for small businesses

47. What does the FBR primarily aim to achieve with its tax reforms?

To increase government spending

To make the tax system more complicated

To ensure greater tax compliance and increase revenue collection

To limit private sector growth

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Mustansar KhanLast Updated: July 8, 2025

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Federal Board of Revenue (FBR) Function and Role Test Online

Federal Board of Revenue (FBR) Function and Role Test Online

Federal Board of Revenue (FBR) Function and Role Test

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Federal Board of Revenue (FBR) Function and Role Test Online

Federal Board of Revenue (FBR) Function and Role Test

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