Dibrugarh University B.Com Fifth Sem: PUBLIC FINANCE Question Papers (Nov' 2019)

Dibrugarh University - B.com 5th Sem
Public Finance Question Papers
2019 (November)
Commerce (General/Speciality)
Course: 501
Full Marks: 80
Full Marks: 32
Time: 3 hours

1. Answer the following questions:                          1x8=8

a) What do you mean by public finance?

b) Who developed the theory of ‘principle of maximum social advantage’?

c) What is budgetary control?

d) Write the full form of ZBB.

e) Mention one distinction between tax and fees.

f) What is public revenue?

g) Mention any one distinction between public expenditure and private expenditure.

h) What is deficit financing?

2. Write short notes on:                4x4=16

a) Public and Private Finance.

b) Performance Budget.

c) Taxable Capacity.

d) Scope of Public Expenditure.

3. (a) State about the importance of public finance in modern times. Also discuss the role of public finance as a tool of economic and social welfare.      7+7=14

Or

(b) Critically explain the theory of ‘principle of maximum social advantage’.   14

4. (a) Define financial administration. Discuss about the aims and objectives of financial administration.          4+5+5=14

Or

(b) What do you mean by zero-base budgeting? Discuss about its need and preconditions.    2+4+8=14

5. (a) What are the different sources of public revenue? Discuss the effects of public revenue on the following:    5+9=14

1) Revenue (direct and indirect)

2) Tax distribution.

3) Present and future generation.

Or

(b) What do you mean by ‘canons of taxation’? State and explain Adam Smith’s canons of taxation. 2+12=14

 

6. (a) “Public expenditures has a tendency to grow very fast in modern times.” Briefly discuss the factors responsible for the rapid growth of public expenditure.                   14

Or

(b) Explain the effects of public expenditure on production and distribution.       7+7=14

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Also Read:

1. Public Finance Notes

2. Public Finance Question Papers (Dibrugarh University)

3. Public Finance Solved Question Papers (Dibrugarh University)

4. Public Finance MCQs

5. Public Finance Important Questions for Upcoming Exam

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(Old Course)

Full Marks: 80

Pass Marks: 32

Time: 3 hours

1. (a) Fill in the blanks:                   1x4=4

1) Public finance is a study of income and expenditure of a _______.

2) Financial _______ possess the expert knowledge in financial matters.

3) _______ is the major source of public revenue.

4) _______ developed the theory of ‘Ability to Pay’.

(b) Answer the following questions:                   1x4=4

1) Write the name of a merit good.

2) Mention one canon of taxation.

3) Mention any one source of internal public debt of the Government of India.

4) Mention one example of developmental expenditure of a State in India.

2. Write short notes on:                4x4=16

a) Role of Public Finance.

b) Techniques of Budgeting.

c) Non-tax Revenue.

d) Deficit Financing.

3. (a) Discuss the importance of public finance in modern times. Also distinguish between public finance and private finance.      7+5=12

Or

(b) Explain the theory of ‘principle of maximum social advantage’ with the help of diagram. State its practical problems. 8+4=12

4. (a) State and explain Adam Smith’s canon of taxation.        11

Or

(b) What is financial administration? Briefly analyze the principles of financial administration. 2+9=11

5. (a) Define taxation. Mention the effects of taxation on production and distribution.   3+8=11

Or

(b) Describe various sources of public revenue. What in your opinion can be the best classification of the sources of public revenue?                            8+3=11

6. (a) Discuss about the various aims and objectives of public expenditure as classified by Prof. Dalton. Mention about the effects of public expenditure on production and distribution.     4+4+3=11

Or

(b) Explain the significance of public expenditure on the economic development and economic stability of our country. 11

7. (a) Discuss the impact of public debt on a developing country. Describe the various methods of repayment of public debt.     5+6=11

Or

(b) Explain the following:            5.5 + 5.5 = 11

1) Municipal Corporation.

2) Gram Panchayat.

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