M.Com. (Sem.

I) EAFM (IV)

M.Com. First Semester Examination, Dec. – 2018

(Faculty of Commerce)
Economic Administration & Financial Management
FOURTH PAPER
Public Finance
Paper Code: 73401
Time Allowed: Three Hours Maximum Marks: 70
(1) No supplementary answer book will be given to any candidate. Hence the candidates should write the answers
precisely in the main answer book only.
fdlh Hkh ijh{kkFkhZ dks iwjd mÙkjiqfLRkdk ugha nh tk;sxhA vr% ijh{kkfFkZ;ksa dks pkfg;s fd os eq[; mÙkjiqfLRkdk esa gh leLr iz’uksa ds mÙkj fy[ksAa
(2) All the parts of one question should be answered at one place in the answer book. One complete question
should not be answered at different places in the answer book.
fdlh Hkh ,d iz’u ds vUrxZr iwNs x, fofHkUu iz’uksa ds mÙkj mÙkj&iqfLrdk esa vyx&vyx LFkkuksa ij gy djus ds ctk; ,d gh LFkku ij gy djsAa

Attempt five questions in all, selecting at least one question from each section. All questions carry
equal marks.
izR;sd [k.M ls de&ls&de ,d iz’u dk p;u djrs gq, dqy ikap iz’uksa ds mÙkj nhft;sA lHkh iz’uksa ds vad leku gSaA

Section-A
1. Define Public Finance. Discuss the role of public finance as an instrument of economic and
social development. 4+10
lkoZtfud foÙk dks ifjHkkf"kr dhft,A vkfFkZd ,oa lkekftd fodkl esa yksd foÙk :ih midj.k dh Hkwfedk dk
o.kZu dhft,A

2. Discuss the various canons of public expenditure. 14

lkoZtfud O;; ds fofHkUu fl)karksa dk o.kZu dhft,A

3. Discuss the recent trends of public expenditure in India. 14

Hkkjr esa lkoZtfud O;; dh vk/kqfud izo`fÙk;k¡ dk o.kZu dhft;sA

Section-B
4. Critically examine the canons of Taxation. 14
djkjksi.k ds fl)karksa dk vkykspukRed ijh{k.k dhft,A

5. Examine critically the effects of taxation on an economy. 14

,d vFkZO;;LFkk ij djkjksi.k ds izHkkoksa dk vkykspukRed ijh{k.k dhft,A

6. Give your arguments in favour and against Progressive Taxation. 14

izxfr'khy djksa ds i{k o foi{k esa vius rdZ nhft;sA

Section-C
7. Describe the main features of Centre – State financial relations in India. 14
Hkkjr esa dsUnz rFkk jkT;ksa ds foÙkh; laca/kksa dh eq[; fo’ks"krkvksa dk o.kZu dhft,A

8. Explain the main sources of revenue of the Central government. 14

dsUnzh; ljdkj dh vk; ds izeq[k L=ksrksa dh foospuk dhft;sA

9. Write the main trends in the revenue of the Central and State Governments in India. 14
Hkkjr esa dsUnz o jkT; ljdkj dh vk; dh izeq[k izo`fÙk;k¡ fyf[k;sA

*****