File Details:

Questions:

1. Discuss the scope of Public Finance.
2. Public Finance is a science. Explain.
3. Discuss the similarities between Public Finance and Private Finance.
4. Explain the concept of Public Expenditure.
5. Clarify Public Expenditure and Economic Stability.
6. What is meant by Public Debt?
7. Discuss Sinking fund method for redemption of Public Debt.
8. How is the budget presented?
9. Discuss the main items of expenditure of State governments.
10. Define tax and mention its characteristics.
11. Explain the principles of maximum social advantage. What is its importance to State's financial activities?
12. What is the role of Public Finance in the National economy of any country? Explain.
13. What is meant by Financial Administration?
14. What is deficit financing? How does it help in Economic growth?
15. How does Parliament control Public Expenditure in India?
16. Show the effect of rising defence expenditure on the production in the near future in India.
17. Describe the effects of Public Expenditure on distribution of income and level of employment.
18. Define tax. Explain merits and demerits of direct and indirect taxation.
19. What do you understand by the term taxable capacity?
20. Explain Adam Smith's canon of taxation.
21. What do you know by Federal Finance? Mention the Constitutional provision of Centre-State financial relations in India.
22. Analyse the financial trends of States after independence.
23. Examine critically the recommendations of various Finance Commissions in India.
24. Explain the need for deficit financing in a developing economy like that of India.