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Posted By: Ramkumar Member Level: Diamond Posted Date: 20 May 2008
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2007 Annamalai University B.A Economics PUBLIC FINANCE Question paper
Register Number :
Name of the Candidate :
7 4 0 8
B.A. DEGREE EXAMINATION, 2007
( BUSINESS ECONOMICS )
( SECOND YEAR )
( PART - III )
( PAPER - V )
230. PUBLIC FINANCE
May ] [ Time : 3 Hours
Maximum : 100 Marks
SECTION - A (8 × 5 = 40)
Answer any EIGHT questions.
All questions carry equal marks.
1. What are the similarities between public finance
and private finance ?
2. What are the tests of maximum social
advantage ?
3. What are the causes for enormous growth of
public expenditure in India ?
4. Explain the canons of public expenditure.
5. What are the objectives of taxation ?
6. What are the differences between direct taxes
and indirect taxes ?
7. What is progressive taxation ? Bring out its
merits.
8. What are the classifications of public debt ?
9. Write a note on public debt management.
10. What are the limitations of deficit financing ?
SECTION - B (3 × 20 = 60)
Answer any THREE questions.
All questions carry equal marks.
11. Explain the nature and scope of public finance.
12. Examine the theory of maximum social
advantage as the basis of public finance.
13. Describe the essentials of good tax system.
14. Analyse the growth of public debt in India.
15. Explain the functions and significance of
Finance Commission.
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