Public finance is related to the financing of the ___________ activities.

(a)

State

(b)

Central

(c)

Both (a) and (b)

(d)

None of the above

Unbalanced budget are of ____________ types

(a)

3

(b)

2

(c)

4

(d)

5

The term 'Fiscal' is derived from ___________ word.

(a)

Latin

(b)

French

(c)

Greek

(d)

British

___________ state is a welfare state.

(a)

Economic

(b)

Political

(c)

Modern

(d)

Fiscal

___________ occupies an important place in the study of public finance.

(a)

Public debt

(b)

Public expenditure

(c)

Public revenue

(d)

Public policy