Osmania University (OU) 2006 M.A Economics (Final)CDE -university question paper

FACULTY OF SOCIAL SCIENCES
M.A(Final)CDE Examination,June 2006
Economics
Paper-2
(PublicFinance)

Time:3Hours MaximumMarks:100


ans ALL ques..
every ques. carries 20 marks

1.Elucidate the changing role of state in Economic Activity with reference to India .
or
Critically examine peacock Wiseman hypothesis and explain its relevance.

2."Ability to pay principle fails to take into account allocation efficiency of taxation and Benefit principle fails to take into account distributive justice in taxation."Elucidate.
or
What is incidence of taxation?Explain the incidence of a tax on a commodity under perfect competition.

3.Discuss the economic implications of internal and external dept in the situation of Indian Economic development.
or
Distinguish ranging from Zero base budgeting and performance budgeting.Which do you prefer from the point of view of economic development.

4.Discuss the role of Fiscal policy in promoting Full-employment and Economic stability with special references to india.
or
explain the latest policy modifications introduced in India as a part of the New Economic policy.

5.Critically evaluate the features of Indian Tax structure.
or
explain the important recommendations of 11th Finance Commission.

Earning:   Approval pending.