Madras University (UnOM) 2006 B.A Economics VI Fiscal - Question Paper

Time: 3 hours
Maximum: 100 marks

SECTION-A [10X2=Marks 20]
ans ALL ques. within 50 words every
All ques. carry equal marks.

1. What is Public Finance?
2. What is a Direct Tax?
3. What is a Deficit Budget?
4. What is a Public Debt?
5. What is a Federal Finance?
6. What is a Revenue Budget?
7. What is Tax evasion?
8. What is canon of certainty in Taxation?
9. What is a Sales Tax?
10. What is Local Finance?

SECTION-B [5x8=Marks 40]
ans any 5 within 300 words every.
All ques. carry equal marks.

11. elaborate the objective tests of Maximum Social Advantage?
12. elaborate the characteristics of a Tax?
13. elaborate the effects of Public Expenditure?
14. Write a note on Agricultural Income Tax.
15. elaborate the evil effects of Deficit Financing?
16. discuss the need for Public Debt.
17. Elucidate the recommendations of the ninth Finance Commission in India

SECTION-C [2X20=Marks 40]
ans BOTH the ques. within 1,200 words every.
All ques. carry equal marks.

18. a. Examine the merits and demerits of Public Sector Enterprises in India
Or
b. explain the sources of revenue to the State Government in India?

19. a. State and criticize the fiscal policy of India.
Or
b. Account for the growth of Public Expenditure in India.

Earning:   Approval pending.