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Important Questions for "Public Finance":

[1]

  1. Explain the importance of Public Finance.
  2. What is meant by justice in taxation?
  3. Explain the concept of double taxation.

[2]

  1. Describe the various canons of Public expenditure. Which canon is most suitable to the developing countries like India?
  2. What are the main sources of Public revenue? Explain in detail.
  3. Explain the 'Ability to Pay Theory' of taxation.

[3]

  1. Explain the importance of public finance.
  2. Explain the displacement, inspection, and concentration effects of Peacock and Wiseman's model of the public sector.
  3. Discuss the various canons of public expenditure. How far are these canons obeyed in practice?

[4]

  1. Throw light on the importance of public finance.
  2. Explain briefly the meaning of Cost-benefit analysis.
  3. Explain the role of government in the economy with reference to its main Fiscal tasks.

[5]

  1. Explain merits and demerits of Indirect Taxes.
  2. Explain the role of Government in Economy.
  3. Explain the effects of Public Debt.

[6]

  1. What is the nature of public finance?
  2. Explain Peacock-Wiseman theory of public expenditure.
  3. Explain the budget process in India.

[7]

  1. Trace the significance of public finance in modern times.
  2. What is meant by federal finance?
  3. Discuss the role of deficit financing in the economic development of underdeveloped countries.

[8]

  1. Write the definition of public finance.
  2. Explain the importance of international economics.
  3. What do you mean by balance of payment?

[9]

  1. What do you mean by Public Finance?
  2. Distinguish between Public Finance and Private Finance.
  3. Explain the importance of international trade.

[10]

  1. Discuss the role of public finance in relation to economic development.
  2. What do you mean by non-performing assets?
  3. Give the meaning of trade cycle. Explain fully the measures to control trade cycles.

[11]

  1. Public Finance is a science. Explain.
  2. Discuss the similarities between Public Finance and Private Finance.
  3. What is the role of Public Finance in the National economy of any country? Explain.

[12]

  1. Discuss the importance of public finance in developing countries.
  2. Briefly discuss the scope of Public finance.
  3. What are the main objectives of public debt?

[13]

  1. Discuss the importance of Public Finance.
  2. Define Public Finance and discuss its scope.
  3. Explain the causes of the growth of Public Expenditure in India.

[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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