Osmania University (OU) 2003 M.A Economics (Final)(CDE) - Question Paper

FACULTY OF SOCIAL SCIENCES
M.A(Final)(CDE)Examination,July 2003
Subject:Economics (Public Finance)



Time:3hours MaximumMarks:100


ans ALL ques.
All ques. carry equal marks(20 each)

1.Explain the evolution of public finance.
or
What is Wagner's law?How it is various from Peacock-Wiseman's hypothesis.

2.What is LINDAHL's approach?Do you think it will solve the issues of Benefit as well as ability to pay approaches?
or
Critically discuss the differential incidence of Mursgrave.

3.What is debt trap?Do you think India is in the dept trap?Discuss.
or
Critically discuss the performance and programming budget with reference to their evolution

4.What is a Fiscal policy?Distinguish ranging from neutral and compensatory fiscal policies.
or
explain the role of deficit finance in india's economic development since first 5 year plan

5.Write a note on tax reforms suggested by chelliah committee.
or
discuss the main recommendations of eleventh finance commission.

Earning:   Approval pending.