Public Finance Quiz
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Questions and Answers

What does public debt primarily deal with?

  • Principles of taxation
  • Rates of taxation
  • Methods of raising loans from internal and external sources (correct)
  • Impact, incidence and shifting of taxes

    • What does public revenue primarily deal with?

  • Methods of raising public revenue such as tax and non-tax (correct)
  • Different aspects of public budget
  • Methods of raising public loans
  • Government expenditure effects

    • What does financial administration primarily deal with?

  • Different aspects of public budget (correct)
  • Methods of raising public revenue
  • Principles of taxation
  • Government expenditure effects

    • What is the annual master financial plan of the Government called?

    <p>The budget</p> Signup and view all the answers

    What does fiscal policy primarily encompass?

    <p>Taxes, subsidies, public debt and public expenditure</p> Signup and view all the answers

    Study Notes

    What does public debt primarily deal with? What does public revenue primarily deal with? What does financial administration primarily deal with? What is the annual master financial plan of the Government called? What does fiscal policy primarily encompass?

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    Description

    Test your knowledge of public finance with this quiz covering topics such as public revenue, taxation principles, public expenditure, and government spending control. Challenge yourself with questions on methods of raising public revenue, principles of taxation, impact of public expenditure, and more.

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