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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. Discuss the various methods of redemption of Public debt.

[2]

  1. Distinguish between impact and incidence of tax.
  2. What do you understand by shifting of tax?
  3. What are the sources of Public debt?

[3]

  1. Explain the importance of public finance.
  2. What do you mean by the burden of public debt? Provide a brief account of various methods of debt redemption.
  3. Outline the different sources of public debt. What are the important effects of public debt on the economy?

[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. Explain two causes of increase in fiscal deficit.
  3. What is the meaning of public expenditure?

[7]

  1. Trace the significance of public finance in modern times.
  2. What do you mean by NITI Commission (Aayog)?
  3. Explain Dalton's principle of maximum social advantage and its significance.

[8]

  1. Write the definition of public finance.
  2. What is the meaning of budget?
  3. Describe the similarities between interregional and international trade.

[9]

  1. What do you mean by Public Finance?
  2. Distinguish between Public Finance and Private Finance.
  3. Discuss the corrective measures taken for disequilibrium in the balance of payment particularly in developing countries.

[10]

  1. Discuss the role of public finance in relation to economic development.
  2. What is World Trade Organization? Explain its effect on Indian industries.
  3. What is budget? Explain its components and write merits of an ideal budget.

[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. Write down the meaning of taxable capacity also state the type of taxable capacity.

[13]

  1. Discuss the importance of Public Finance.
  2. Define Public Finance and discuss its scope.
  3. Discuss the main sources of Revenue of the Government of 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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