LUCKNOW UNIVERSITY BCOM SEM III PUBLIC FINANCE QUESTION PAPER
Sample QUESTION PAPER
PUBLIC FINANCE
LUCKNOW University
BCOM SEM III
Note: Answer five questions in all, selecting one question from each unit. Question No. 1 is compulsory.
1.Write short notes on the following:
(A)Scope of Public Finance.
(b)Problem of black money in India.
(c)Functions of Public Account Committee. (PAC)
(d)Objectives of Fiscal Policy.
(e)Features of Income Tax
Special Assessment
(f)Distinction between Public and Private Finance.
(g)Votable and Non-Votable items of Union Budget.
(h)Votable and Non-Votable items of Union Budget.
(i)Concept of Zero-Based budgeting,
(J)Effects of increasing Public debt in India.
UNIT-I
Question2: Public Finance lies on the borderline between Economics and Political Science.” Explain. Also discuss the relationship of Public Finance with other Sciences.[10]
3.(a) Distinguish between Incidence of Taxation and Impect of Taxation.
(b) Discuss the features of a Good Tax System
Unit 2:
- Discuss the principle of Maximum Social Advantage and Point out its limitations.
5.What are the various sources of revenue and expenditure of Central Government and state Government?
Unit III
6.Discuss the role of Fiscal Policy in developing countries with special reference to India.
7.Examine the recommendations of the two Finance Commissions in India pertaining to Centre-State financial relationship.
UNIT 4
QUESTION: What is meant by Deficit Financing? Describe the two important methods of financing the deficit of an under developed nation.
Question9:(a) What are the causes of growth in public. expenditure in India?
B)Discuss the sources of income of local bodies in India
