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Important Questions for "Public Finance":

[1]

  1. Explain the importance of Public Finance.
  2. Critically explain 'Ability to Pay Theory' of taxation.
  3. Explain the role of government in the economy with reference to its major fiscal functions.

[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. Discuss the various canons of public expenditure. How far are these canons obeyed in practice?
  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. Distinguish between tax and non-tax sources of public revenue.
  3. Explain Wagner's principle of increasing Government activities.

[5]

  1. Explain the role of Government in Economy.
  2. Explain Canons of Public Expenditure.
  3. Explain the concept of Social Goods.

[6]

  1. What is the nature of public finance?
  2. What is adverse balance of trade?
  3. What is the meaning of GST?

[7]

  1. Trace the significance of public finance in modern times.
  2. What is meant by federal finance?
  3. Discuss the causes of growth of public expenditure in recent years.

[8]

  1. Write the definition of public finance.
  2. What do you mean by balance of payment?
  3. Explain the objectives of fiscal policy.

[9]

  1. What do you mean by Public Finance?
  2. Distinguish between Public Finance and Private Finance.
  3. Explain critically the comparative cost theory of International trade.

[10]

  1. Discuss the role of public finance in relation to economic development.
  2. Explain the characteristics of dualistic society.
  3. What is World Trade Organization? Explain its effect on Indian industries.

[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. Write a short note on Wagner's view on Public expenditure.

[13]

  1. Discuss the importance of Public Finance.
  2. Define Public Finance and discuss its scope.
  3. Write the full form of G.S.T.

[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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