M.A-M.A Economics 1st Sem EC-102 : Public Finance(University of Pune, Pune-2013)

                                      M.A. (Part I) (First Semester) EXAMINATION, 2013
                                                                ECONOMICS
                                                          EC-102 : Public Finance
                                                           (2008 PATTERN)

Time : Three Hours                                                                     Maximum Marks : 80

N.B. :—

(i) Attempt All questions.

(ii) Figures to the right indicate full marks.

(iii) Answers should be precise and to the point.

 

1. Answer any one of the following questions in 500 words : [20]

(i) State fiscal functions of the Government and explain co-ordination among these functions.

(ii) Explain in detail ‘Ability to pay principal’ of taxation.

2. Answer any one of the following questions in 500 words : [20]

(i) Explain fully Wiseman-Peacock Hypothesis of the growth of public expenditure.
P.T.O.[4304]-102 2

(ii) Discuss the shifting of tax incidence under different market conditions.

3. Answer the following questions in detail with 250 words each (any two) : [20]

(i) Explain the ‘principle of equity in taxation’.

(ii) Briefly explain the concept of social cost-benefit analysis.

(iii) Explain fully ‘Wagner’s law of public expenditure’.

(iv) State and explain the methods of repayment of public debt.

4. Write short notes on (any four) : [20]

(i) Types of tax incidence

(ii) Keynesian approach to public debt

(iii) Burden of public debt

(iv) Public goods and merit goods

(v) Types of ‘Taxable Capacity’

(vi) Pure theory of public expenditure.

 

Earning:  ₹ 7.05/-