N A L A N D A O P E N U N I V E R S I T Y
M.A. Economics, Part-I
PAPER-IV
(Public Economics)
Annual Examination, 2017
Time: 3 Hours Full Marks: 80
Answer any Five Questions. All questions carry equal marks.
1. Discuss the changing role of government in a mixed economy like India.
2. What do you mean by private and public goods Discuss the differences between the two.
3. Examine Samuelson's theory of public expenditure.
4. Discuss the goals of public policy in a country like India.
5. Analyze the causes of growth of public expenditure in India.
6. Discuss the merits and demerits of Zero-base budgeting.
7. What do you mean by precedence and shifting of a tax Discuss the incidence of income tax,
excise duty, sales tax and death duty.
8. Discuss the methods of payment of public debt.
9. Explain the principles of functional finance.
10. Discuss the idea of fiscal federalism in India.