Madurai Kamraj University (MKU) 2001 M.A Economics Fiscal - Question Paper

M.A. DEGREE EXAMINATION, OCTOBER 2001
Second Year
Branch III (a) and (c) - Economics
Fiscal Economics - October 2001


Time: 3 hours
Maximum: 100 marks

ans any 5 ques..
All ques. carry equal marks.

1. What is a budget? When is a budget stated to be balanced? elaborate the circumstances leading to a deficit budget?

2. explain the influence of elasticity of demand and elasticity of supply on tax shifting.

3. explain the influence of elasticity of demand and elasticity of supply on tax shifting.

4. Trace the growth of India’s public debt since independence.

5. Bring out the role of Fiscal policy in promoting economic growth in India.

6. discuss the effects of income tax on production and distribution.

7. Assess the role of Finance Commission of India bringing out their recommendations.

8. explain the limitations of Federal Finance in developing countries like India.

9. What is the functions of tenth finance commission? Comment its recommendation.

10. explain the salient features of the New Economic policy of the Indian Government.

Earning:   Approval pending.