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Important Questions for "Public Finance":

[1]

  1. Explain the importance of Public Finance.
  2. Explain the concept of double taxation.
  3. Explain Wagner's law of public expenditure. Do you think this law operates in India?

[2]

  1. Explain the major fiscal functions of government.
  2. What are the main sources of Public revenue? Explain in detail.
  3. Examine critically the various methods of redemption of Public debt.

[3]

  1. Explain the importance of public finance.
  2. Clarify the statement: 'The incidence of a tax imposed on any object is divided between the buyers and the sellers in the proportion of the elasticity of supply and elasticity of demand of the object.'
  3. What do you mean by the burden of public debt? Provide a brief account of various methods of debt redemption.

[4]

  1. Throw light on the importance of public finance.
  2. Describe different types of Public debt.
  3. Discuss different methods of redemption of Public debt.

[5]

  1. Explain Resources of Public Revenue.
  2. Explain Canons of Public Expenditure.
  3. Explain the effects of Public Debt.

[6]

  1. What is the nature of public finance?
  2. Explain two causes of increase in fiscal deficit.
  3. What steps has the government taken to reduce fiscal deficit in India?

[7]

  1. Trace the significance of public finance in modern times.
  2. What is meant by federal finance?
  3. What do you understand by public debt? Discuss the economic effects of public debt.

[8]

  1. Write the definition of public finance.
  2. What do you understand by tax?
  3. Explain the purchasing power parity theory.

[9]

  1. What do you mean by Public Finance?
  2. Distinguish between Public Finance and Private Finance.
  3. Explain the comparative difference in costs.

[10]

  1. Discuss the role of public finance in relation to economic development.
  2. What do you mean by non-performing assets?
  3. Write short notes on the following: Phases of trade cycles; Role of Reserve Bank in economic development.

[11]

  1. Discuss the scope of Public Finance.
  2. Public Finance is a science. Explain.
  3. Discuss the similarities between Public Finance and Private Finance.

[12]

  1. Discuss the importance of public finance in developing countries.
  2. Briefly discuss the scope of Public finance.
  3. Briefly discuss the main causes for the growth of public expenditure.

[13]

  1. Discuss the importance of Public Finance.
  2. Define Public Finance and discuss its scope.
  3. Why are Terms of Trade unfavorable for Developing countries?

[14]

  1. Write the difference between Public Finance and Private Finance.
  2. Explain the term 'Public Finance' and discuss its scope and importance.
  3. Discuss the statement 'The best system of public finance is that which sources the maximum social advantage.'

[15]

  1. What do you mean by 'Public Finance'?
  2. Define the nature of Public Finance. How does Public Finance differ from Private Finance?
  3. Critically examine the principle of maximum social advantage in Public Finance.

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