Bougett refers to a _________

(a)

bag

(b)

a small purse

(c)

a small leather bag

(d)

a small box

Financial operation of the government  _____________

(a)

Treasury

(b)

Bills of payment

(c)

Bills of exchange

(d)

All the above

Public finance has been newly termed as __________

(a)

Fiscal policy

(b)

Fiscal economics

(c)

Federal finance

(d)

None of these

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

(a)

Public debt

(b)

Public expenditure

(c)

Public revenue

(d)

Public policy

Public finance is concerned with the income and expenditure of

(a)

Private sector

(b)

Agricultural sector

(c)

Public authorities

(d)

Industrial sector