File Details:

Questions:

1. Define Public Finance.
2. Distinguish between progressive and regressive taxes.
3. What is the effect of public expenditure on production?
4. What is meant by federal finance?
5. Explain the three sources of non-tax revenue of the government.
6. What do you mean by NITI Commission (Aayog)?
7. Differentiate between productive and non-productive debt.
8. What do you mean by deficit financing?
9. Define the two canons of taxation.
10. What is the importance of government budget?
11. Explain Dalton's principle of maximum social advantage and its significance.
12. Distinguish between impact and incidence of a tax and discuss the factors determining the incidence of taxation.
13. Discuss the causes of growth of public expenditure in recent years.
14. What do you understand by public debt? Discuss the economic effects of public debt.
15. What is the contribution of fiscal policy in India's economic development? Explain the shortcomings of fiscal policy.
16. Trace the significance of public finance in modern times.
17. Give details of the various measures to contain budgetary deficit.
18. Discuss the role of deficit financing in the economic development of underdeveloped countries.