Vinayaka Missions University 2012 M.A Economics Fiscal 2020207 - Question Paper

COURSE CODE - 2020207
PG DEGREE exam - FEB 2012
MA (ECO)
FiscAL ECONOMICS
(For Candidate Admitted from Calendar 2007 Onwards)
Time: three Hours Max.Marks:75
PART - A
ans All the Questions: 10 X two = 20
1. describe 'Public Finance'
2. What is Merit Goods?
3. describe 'Tax'
4. What is 'Equity' in Tax system?
5. What is 'public debt'?
6. Write a note on Redemption of debt.
7. What is Deficit Financing?
8. What is Budget?
9. What is Incidence of Tax?
10. Write a note on Market Failure.
PART - B
ans All the Questions: five X five = 25
11. a. Distinguish ranging from public Finance and Private Finance.
(Or)
b. elaborate needs for Government activity?
12. a. Write a note on: i. Social wants ii. Externalities.
(Or)
b. Distinguish ranging from public Expenditure and Private Expenditure.
13. a. elaborate the objectives of Taxation?
(Or)
b. Write a note on Fixed and Variable Budget.
14. discuss the Diffusion theory of Tax shifting.
(Or)
b. Bring out the effect of Taxation on Production.
15. a. Write about 'Fiscal Neutrality'.
(Or)
b. Mention the Factors affecting Taxable Capacity.
PART - C
ans any 2 Questions:
16. define the Functions of Public Finance.
17. discuss the Theory of 2nd Best Economy
18. discuss the Musgrave Theory of public Expenditure.
19. Analyze the causes and patterns in growth of public expenditure in India.
20. discuss the Techniques of Borrowing.

Earning:   Approval pending.