Fiscal Economics Two Marks Question

12th Standard EM

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Economics

Time : 00:45:00 Hrs
Total Marks : 30
    15 x 2 = 30
  1. Define public finance.

  2. What is public revenue?

  3. Differentiate tax and fee.

  4. Write a short note on zero based budget.

  5. Give two examples for direct tax.

  6. What are the components of GST?

  7. What do you mean by public debt?

  8. Write a short note on Non-Tax Revenue.

  9. What are the Canons of Taxation?

  10. What are the sub divisions of Public Finance?

  11. What a modern state can assume while delivering its role on public finance?

  12. Define Dalton’s broad view of Public Revenue.

  13. What is meant by public revenue in narrow sense?

  14. What is Vote - on – Account Budget?

  15. Write the meaning of Performance Budget?

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