3582493972

3582493972



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QP Codę : 13894


(2/4 Hours)


[ Total Marks : 75


N. B. : (1) Ali ąuestions are compulsory.

(2)    Figures to the right indicate fuli marfcś.'

(3)    Draw neat diąąrams wherever necessary.

Attempt any two of the following

(a)    Explain the differences between public and private finance. „

(b)    Critically examine the Principle of Maximum Social Advantage. ^

(c)    What is sound finance? Discuss the features of sound finance^"'

Attempt any two of the following


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(a)    Discuss the various sources of tax revenue.

(b)    Outline the merits and demerits of direct taxes. ■

(c)    What is impact and incidence of taxation? ^Ęlfrng out their differences.

&

i. Attempt any two of the following    Jy

(a)    What are the causes for increase in public expenditure?

(b)    Discuss the various types of publk^Sebt.

(c)    Explain the important features o^RBM Act, 2003.

1. Attempt any two of the followinj^^

(a)    Explain the componen^of unorganised sector of Indian money

market.    ęjy

(b)    Discuss the role ^Capital market in economic development of a country. ^

(c)    Outline the    taken in the secondary segment of Indian captial

market ^id£fc 1991.

5.    (a) State wtffc^easons, whether the following statements are true or false

* (any f^r)

Marginal social sacrifice increases with an increase in the units of taxation.

(ii)    Redistributive taxation will increase average propensity to consume.

(iii)    Indirect taxes are easy to evade.


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