Answer the following questions.
Question 1) Write down the similarities of public finance and private finance?
Question 2) Describe the canons of public expenditure.
Question 3) Describe the direct and indirect taxes
Question 4) What is public finance?
Question 5) What are the objectives of public finance?
Question 6) Describe the Musgrave’s views of public expenditure.
Question 7) Write a brief note on shifting and incidence of tax.
Question 8) Write down any two causes of public debt.
Question 9) Write down the functions of Finance Commission?
Question 10) Describe the canons of ideal taxation.
Question 11) Discuss the causes for the growth of public expenditure.
Question 12) Describe the sources of public revenue.
Question 13) Describe the 11th Finance Commission.
Question 14) Describe the merits and demerits of indirect taxes.