Tag: meaning and scope of public finance

Questions Related to meaning and scope of public finance

Which of the following s the benefit of adopting a social security system?

economics meaning and scope of public finance public finance, budget and fiscal policy government budget and economy public finance and budget

  1. Annual bonus

  2. Non financial incentives

  3. Old age pension

  4. None of the above

Show answer
Correct Option: C

In March 1999, the number of Industries reserved for public sector is reduced to _________.

economics meaning and scope of public finance public finance, budget and fiscal policy government budget and economy public finance and budget

  1. 4

  2. 5

  3. 6

  4. 7

Show answer
Correct Option: C

The term public means ________.

economics meaning and scope of public finance public finance, budget and fiscal policy government budget and economy public finance and budget

  1. household, firm and local authorities

  2. non-Banking Financial Institution, Non-Departmental PSU

  3. reserve of foreign banks, Government and International Monetary fund

  4. all the three

Show answer
Correct Option: D

Which of these activity is not included in service sector?

economics meaning and scope of public finance public finance, budget and fiscal policy government budget and economy public finance and budget

  1. Tourism services.

  2. Education services.

  3. Mining services.

  4. Health and social welfare services.

Show answer
Correct Option: C

Who had given the concept of zero based budgeting?

economics meaning and scope of public finance public finance, budget and fiscal policy government budget and economy public finance and budget

  1. Peter Drucker

  2. Peter Pyhrr

  3. Jagdish Bhagwati

  4. None of these

Show answer
Correct Option: B

On June $4, 2017$, which State Government launched single-woman pension scheme across the state, thereby becoming the first state in India to launch such scheme?

economics meaning and scope of public finance public finance, budget and fiscal policy government budget and economy public finance and budget

  1. Telangana

  2. Andhra Pradesh

  3. Punjab

  4. Haryana

Show answer
Correct Option: A

With reference to the Finance Commission of India, which of the following statements is correct?

economics meaning and scope of public finance public finance, budget and fiscal policy government budget and economy public finance and budget

  1. It encourages the inflow of foreign capital for infrastructure development

  2. It facilitates the proper distribution of finance among the public sector undertakings

  3. It ensures transparency in financial administration

  4. None of the above

Show answer
Correct Option: D

Deficit financing involves ________.

economics meaning and scope of public finance public finance, budget and fiscal policy government budget and economy public finance and budget

  1. borrowings from India

  2. printing of more currency

  3. none of the above

  4. both (a) & (b) above

Show answer
Correct Option: D

Fiscal responsibility and budget management Act aims at reducing gross fiscal deficit by _______ $\%$ of GDP in each financial year.

economics meaning and scope of public finance public finance, budget and fiscal policy government budget and economy public finance and budget

  1. $0.5\%$

  2. $1\%$

  3. $1.5\%$

  4. $2\%$

Show answer
Correct Option: A

Who among the following never hold the office of chairman of finance commission?

economics meaning and scope of public finance public finance, budget and fiscal policy government budget and economy public finance and budget

  1. Pranab Mukherjee

  2. Mahaveer Tyagi

  3. K.C. Pant

  4. C. Rangarajan

Show answer
Correct Option: A