Dibrugarh University (5th Semester) - Public Finance Important Questions for Upcoming Exam (2021)

Dibrugarh University B.Com 5th Sem
Public Finance Important Questions for Upcoming Exams

Unit – 1: Introduction to Public Finance

Q. Explain the principles of maximum social advantages with the help of diagram. What are its limitations?  2013, 2014, 2015, 2016, 2017, 2018, 2019

Q. Write a brief note on similarities and dissimilarities between private and public finance.  2015, 2017

Q. What is public finance? Explain the significance of Public Finance.    2014, 2017, 2019

Q. Explain the Keynes theory of public finance with suitable examples.         2013, 2016

Q. What is Public finance? Write a brief note on the nature and scope of public finance.       2014

Q. State about its relations with Economics, Political Science and Statistics.       2018

Q. Short Notes: 

A) Role of public finance (2015, 2019) 

(B) Keynes’s Theory of public finance 2017 

(C) Private and public finance (2014, 2018) 

(D) Scope of public finance (2013, 2016)

Unit – 2: Financial Administration in India

Q. What do you mean by “Financial Administration”? Explain the principles and method of “Financial Administration” in India.                    2015, 2017

Q. Discuss about the aims and objectives of financial administration.    2019

Q. Briefly explain the various agencies involved in financial administration.      2013, 2015, 2016, 2018

Q. What is “Zero-base budgeting”? Briefly discuss the process involved in “zero-base budgeting. 2013, 2016, 2019

Q. Explain the need, advantages and limitations of ZBB. Mention the preconditions for success of ZBB.               2014, 2018, 2019

Q. What is Performance budget? Explain its rationale and Shortcomings.

Q. What is Budget and Budgetary control? Explain various techniques of Budgetary Control system.      2017

Q. Write a brief note on Budgetary Control system in India.                       2015

Q. Short notes: 

(A) Function of finance ministry               (2017) 

(B) Features, Characteristics of ZBB (2015, 2018) 

(C) Performance budget (2016, 2018) 

(D) Objectives of budgetary control (2013)

(E) Techniques of budgeting 2014

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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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Unit – 3: Public Revenue

Q. What is Public Revenue? What are its various types? What are various sources of tax and non-tax revenue? Explain in detail.                   2014, 2016, 2018

Q. Write a brief note on the principles of public revenue. Distinguish between tax revenue and non-tax revenue. 2015

Q. What are the effects of public revenue on the following terms:         2014, 2015, 2016, 2017, 2019

1) Revenue (direct and indirect)

2) Tax distribution.

3) Present and future generation.

Q. What is a tax? What are the essential characteristics of a Good Tax System? Explain the objective of taxation in an underdeveloped country like India.                       2016

Q. What do you mean by ‘Canons of taxation’? Discuss Adam Smith’s Canons of taxation. 2013, 2015, 2017, 2019

Q. What is taxable capacity? What are its kinds? What are the factors affecting taxable capacity?           2013

Q. Write a brief note on impact and incidence of tax.

Q. Distinguish between Progressive and Proportional Taxation. Discuss the merits and demerits of each of them. 2018

Q. Short Notes: 

(A) Classification of public revenue (2015) 

(B) Significance of public revenue (2018) 

(C) Taxable capacity (2014, 2015) 

(D) Tax and non-tax revenue (2013, 2016, 2017, 2018)

Unit – 4: Public Expenditure

Q. Discuss the effect of public expenditure on Production, Distribution, Economic Growth and Economic stability.                                        2013, 2014, 2015, 2016, 2017, 2018

Q. What is Public Expenditure? What are its objectives and significance? Explain its scope.                       2015, 2018

Q. Discuss about the various ways in which public expenditure can achieve economic development in the developing countries. (Role/Significance)                   2018

Q. Distinguish between public and private expenditure. Discuss the role of public expenditure in public finance (Importance).    2017

Q. Explain various causes of growth of public expenditure in recent times.                         2013, 2014, 2016

Q. Short notes: 

A) Scope of public expenditure (2017) 

(B) Canons of public expenditure              (2016) 

(C) Kinds of Public Expenditure 

(D) Significance of public expenditure (2018)