Professional Documents
Culture Documents
Part B
Answer any four questions. Each question carries two marks.
6. Distinguish between impact, incidence and shifting of a tax?
7. What are the causes of taxation?
8. What is contingency fund?
9. What do you understand by free rider problem?
10. Distinguish between direct and indirect tax?
4 x 2 = 8 Marks
Part C
Answer any three questions. Each question carries four marks.
11. Explain the principles of fiscal fedaralism?
12. Distinguish between private and social goods?
13. Explain the problem of local finance?
14. Discuss the various instruments of fiscal policy?
15. Explain the causes of public expenditure?
3 x 4 = 12 Marks
Part D
Answer any one question. Question carries fifteen marks.
16. Explain the main problems of federal finance?
17. Discuss the various suggestions for improvement in federal financial relationship?
18. What are the objectives of public expenditure?
19. Examine the causes of growth of public expenditure in India?
1 x 15 = 15 Marks