File Details:

Questions:

1. What do you mean by 'Public Finance'?
2. Write the difference between Public goods and private goods.
3. What is 'Balanced Budget'?
4. What are the main sources of Public revenue?
5. What is Debt Trap?
6. What is 'Progressive Tax'?
7. What do you mean by federal finance?
8. What are the features of Indian Tax system?
9. Give the merits and demerits of VAT.
10. What is 'Fiscal Deficit'?
11. Define the nature of Public Finance. How does Public Finance differ from Private Finance?
12. Examine the statement 'Deficit finance is a good servant but a bad master.'
13. Discuss the classical and modern theories of budget.
14. Define taxation. Differentiate between direct tax and indirect tax.
15. What is Public Expenditure? Examine the effects of Public Expenditure on an economy.
16. Critically examine the principle of maximum social advantage in Public Finance.
17. Write the concept of VAT. How is it computed?
18. Define 'Public Debt'. Write its importance and sources.