Annamalai University 2007 B.A Business Economics - PUBLIC FINANCE - Question Paper

B.A. DEGREE EXAMINATION, 2007
( BUSINESS ECONOMICS )
( 2nd YEAR )
PUBLIC FINANCE
December ] [ Time : three Hours )
Maximum : 100 Marks
part - A (8 × five = 40)
ans any 8 ques..
All ques. carry equal marks.
1. elaborate the similarities and dissimilarities
ranging from public finance and private finance ?
2. elaborate the 3 important functions of the
State ?
3. elaborate the objective tests of social
advantages ?
4. elaborate the canons of public expenditure ?
5. define A.C. Piguo?s ability to pay principle.
6. provide a brief account on non-tax revenue to
the Government.
7. Illustrate Adam Smith?s canons of taxation.
8. describe incidence of taxation.
9. elaborate the objectives of fiscal policy ?
10. elaborate the major tax revenue to the State
Government ?
part - B (3 × 20 = 60)
ans any 3 ques..
All ques. carry equal marks.
11. discuss the nature and scope of public finance.
12. Critically examine the theory of maximum social
advantage.
13. List out the merits and demerits of direct and
indirect tax.
14. elaborate the methods of repayment of public
debt ?
15. Analyse the growth of public expenditure in
India.

Earning:   Approval pending.