A short answer to all of the questions is provided at the end of the paper. (ii) Fixed deposit. p�޹A��=kГ@���H|e����_M6����=��y@z�v��2QLx5�d�Д���5o�gw�?�����d͝p�$���!�x0�bM� ���@gS����T�?M��ZH���2}u-�M��,��\�^��"H��YXU�!N��|A�t�z ������$���i��ӣx�m�v#��8O�%mB|ܯq�ڏ��Jj����R�"��]��܎��~y͵(C��l� �DZ'\>�Lۜ��7�f�F5�,>��ph����K Internal debt refers to the public loans floated within the country, while external debt refers to the obligations of a country to foreign governments, foreign nationals or international institutions, Public debt raised and used to finance a war is unproductive because it does not create an asset, it is a dead weight debt or a useless burden on the community, Redeemable debt refers to a debt which may not be redeemed at all but on which the government promises to pay the interest regularly, Increase trend in Financing of Public works programmes, Increasing trend in Financing for Economic Development, Undertaking of Welfare Schemes by the Government, Collection of deposits at State owned Post Offices, The principle of public expenditure which requires that public expenditure before it is incurred should be sanctioned by a competent authority and should not be incurred for the benefit of only one section of the people, The principle of public expenditure which requires that it should be possible for public authorities to vary the expenditure according to the need and circumstances and not on the basis of any political or bureaucratic influence. A factor of proportionality that measures the increase in investments in a given period of time. Basic Arithmetic Mcqs: Answer Key= bold 1) Price of sugar is increased by 25%. in under-developed countries. 1 In Pakistan Compensation of employees is the largest type of. 'k�� ��u�p�� �m���p�"���|�-ĢG(��i-�t&&.fq��]. endstream endobj 3 0 obj <>stream Financing economic development esp. (i) Current deposit. 3. In finance, we refer to the market where new securities are bought and sold for the first time? Link to Finance MCQs (PDF) is given below. The marks shown against the requirement(s) for each question should be taken as an indication of the expected length and depth of the answer. 4. Do NOT write in pencil (except for graphs and diagrams). Economy of Pakistan Quiz. �m�1�=1��m��hͻV��A�D��J3e�:X��(D(;cH�� �-s���K�o�� Ob#��V�ˉ�!���d�?��o�}t$��ɋZ?� �$�D5Z�2�`*�/lwz��2�m d. Answers a, b, and c all make the percentage of sales method inaccurate. Subscription Effect, Tax Effect, Expenditure Effect, Tax Effect, Expenditure Effect, Consumption Effect, Consumption Effect, Labour Effect, Income Effect, Chartered Accountants appointed by the Government of India, Chartered Accountants appointed by the Government of India from the Panel of Auditors prepared by the CAG of India, Chartered Accountants appointed by the CAG of India, Insurance Regulatory and Development Authority of India, The head office of the Authority shall be at such place as the Central Government may decide from time to time, Central Government in consultation with the Government of Maharashtra, Board of Members of the Securities and Exchange Board of India, Securities Contracts (Regulation) Act, 1956, Edible Oils Packaging (Regulation)Order 1988, Board of Members of the Pension Fund Regulatory and Development Authority, Central Government in consultation with Government of Telengana, Insurance and Depositories Board of India, Pension and Insurance Fund Regulatory Authority of India, General insurance business (nationalization) Act, 1972, Executive Order of the Government and Finance Act 2013, Insurance and Pension Fund Regulatory Authority of India, Forward markets commission (FMC) Act 1992, Securities and Exchange Board of India Act 1994, Ministry of Statistics and Programme implementation, In 1950 in accordance with the provisions of the Reserve Bank of India Act, 1950, In 1950 in accordance with the provisions of the Finance Act 1950, In 1945 in accordance with the provisions of the Finance Act 1944. UPSC students definitely take this Public Finance exercise for a better result in the exam. �9���*I)� �L���i�%r�?.c�s)Hh]T��+} �-�F�c�邥�q��JGB�H���81,��x�=���ϛ�����������e@�a�S���n�نa�$�>�&�+e��Bl��������A �H��=�- ������������'ۛ���o�]s�'��<9��'K�D6��>b�jM����D���f砐V���ap-Hy���d�8re���T���V|ZD���$:��^�t��Ԙ�< ��fq��F�n�\KJf���S�D�ړ�� x|����J���[]"���zУ�.�n��d�R�‚�L��js�8�l��VEZ�(=�?��+T>��hwa� �#FY� c�Z�RY��qT��,t�:�(�p��s*�=���`j��ʗ�6�@H�ui�JB�IP��@.�*�*�N�!�u���~b�����#�&�Hc@�e8�n� ��U-��Q_w���io�w-O�/.�YG�)���t���Q����Pb�߰��ep@r�2{�=S��7��K+��,���p���S��.V����9�k�}�k��@�C���)�$hf&X�H�q�V$h9[,��vq�,v��89��B� U��h��ҏ�8�y�J�����K?�B�)�I�yLB�~ Low price in limit of time Multiple Choice Questions On Public Finance Pdf And Ba Finance Basics MCQs. Copyright 2020 , Engineering Interview Questions.com. Cell Phones are NOT allowed in the Examination Room. Stamp duties … 6. a. government taxing activities b. government’s direct competition with the private sector c. allocation of resources d. distribution of income e. none of the above BJ�OII�J��NF�N;ǖFb�*9ô( � ܹ�2��[��R��TBU���;o��ppz*����y+����W|����`��O7ՏR��"D���,���Q�c�+I[,�(�(q� �0?VJ#k�;��sYؓ�$�4�msжfW$n�6�r��C-81��Bd Wrong! (iii) … The solved questions answers in this Public Finance quiz give you a good mix of easy questions and tough questions. MCQs 1-10. Financing the public sector for expanding and strengthening the public enterprises, Productive Burden and Unproductive Burden, Consumption burden and Distribution burden, To curb inflation by withdrawing the purchasing power from the public, Raising and repayment of internal debt taken for unproductive purposes, Raising and repayment of long term debt from external agencies, According to Classical Economics Public Financing is highly unproductive on the assumption that full employment, inelasticity of money supplies and unproductive nature of public expenditure, In modern times public borrowing is most extensive and intensive meaning that almost all countries resort to public borrowing and public borrowing in each country is deepening. remember, clarify, study in depth and – why not? Basic economics MCQs with answers on the topic of public finance for interview, entry test and competitive examination freely available to download for pdf export CSS :: Public Finance @ : Home > Economics > Public Finance. Institute of Chartered Accountants of India, It is a study of the public sector banking system in a country, It is a study of the finances of the general public and their pattern of spending, It is a study of the direct and indirect taxes in an economy. Group A Economics Chapter Public Finance MCQs: The Central Superior Services (denoted as CSS; or Bureaucracy) is an elite permanent bureaucratic authority, and the civil service that is responsible for running the civilian bureaucratic operations and government secretariats and directorates of … Academia.edu is a platform for academics to share research papers. 5. The percentage of consumption to be decreased so that there would be no increase in the expenditure is (a) 18% (b) 20 % (c) 22% (d) 24% 2) A group of students volunteered to finish a … �U��ٌf��/ǩ�r�Y�3�\��¢*c�]���QK? Hey, my readers, Today I am going to share with you a comprehensive Auditing MCQs pdf guides, by going through these mcqs you can easily prepare yourself for any Job exam/interview related to Auditing, Accounting & Banking. Your email address will not be published. Next Practice: Time Value of Money MCQs . It is the social science that describes the factors that determine the production, It is the application of statistical and mathematical theories to economics for the purpose, It is a branch of economics that studies the behavior of individuals and firms in making, Principles of Efficiency, Effectiveness and Economy, Principles of Economy, Decentralisation and Necessity, Principles of Autonomy, Necessity and Surplus, at the point where the marginal social benefit of public expenditure is higher than the, at the point where the marginal social benefit of public expenditure is lower than the, at the point where the marginal social benefit of public expenditure and the marginal, Accumulate funds for the Government for future use, Inefficiencies of public organisations and corruption, War or war-preparedness, including nuclear programmes, To cover the budget deficits on current account, When the Government has a huge fiscal deficit, Compulsory deposit scheme (income-tax payers) act, 1974, Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016. Public Debt has become a powerful tool of developmental monetary policy as management of public debt is used as a method to influence the structure of interest rates. ��J��l�-�B,���y�E 2$���0��`7��J��(ܗ��}*������+chB�W��~�^�vb���сH;r�*6,�����.�eN��Q��NK�]2����o!��I��}1��^�2pm��>���PU0GiQ����}uc�D��l�Q{r���;"�Yz!q6���bdW���nA�Iz� a. �p�Zir���wڶ��S�Rѐn����� ��O�q�rg�t�d�r���.��b�>�l���R��.�~mO%|�:;y� �ܜ�.Z�MӨ�e����z��Ŏ�T*�@#�~T��Hr�]�q_��O#��ޙħ�pf Kg����1��I�R@��Q�����M�i�C��8|œ��Ѱ�����y��,��_��O7M����ƒc[g�Kl�,�h�?� ��poW, V�Z_V \�ZvH�6�_!�|�u�_W�tvA���d^xfV��1���R�[@�sY:�B�X۶� �>�P`�0�D�5�\��/�{��zڎ֮��Y��[VL>��f@�By�l�>Z��V- ��=ˢ��[�'����J Aptitude Data Interpretation Verbal Reasoning Non Verbal Reasoning Verbal Ability Programming General Knowledge Puzzle. Exam Name: PUBLIC FINANCE QUESTIONS: Description: PUBLIC FINANCE QUESTIONS and Answers exams contains the questions from various competitive exams.These questions are the part of previous year paper.These kind of questions would be helpful in preparing for exams like IAS, PCS, UPSC, NDA, CDS SSC, RRB, PSC, IBPS Download App. – discuss some useful concepts in finance. Price policy; Borrowings; Secrecy; ... Public Economics Trivia Questions and Answers PDF. ... Free Download as PDF Public Administration Quiz Questions and Answers for Competitive Exams or solved MCQs with answers. An internal debt has no direct money burden since the interest payment on debt and the imposition of taxation to pay interest to the lenders is simply a transfer of purchasing power from one to another. Money Banking And Finance Mcq 14 Multiple Choice Questions (MCQs) With Answers on Money, Banking and Public Finance. Agricultural schemes, marketing and institutions - MCQs with... Foreign trade - MCQs with answers Answer: d. Answers a, b, and c all make the percentage of sales method inaccurate. The principle of public expenditure which requires that every government must try to keep its budgets well balanced. 1. These finance quiz are from basic finance theory, financial management, corporate finance, personal finance, and public finance. These Pdfs contain very important multiple choice questions which frequently ask in any test/exam or interview. 51. To reduce depression in the economy and financing public works programme. (d) Which type of deposits gives highest rate of interest? 1. important MCQs about Pakistan Economy. !2�x,�L�}�R�"0D� TӕnX t�6��N���, ��v%��a�B�Y�{���=4��q7����K ����� ���N��ѿǷ��o����{z����hᆮ�|%p�W��[�p�(�y����@+6��3��AVX�Q�a���X�o�/�� m��S�����̥[a�x�s��a�l��D�(D,�O�� ������A0^US��D��i�BLs�@Kt�zك���g%�E��3�@R��[���(�Z��-.�T�n"�|=;�q�i���h�� �d "mIo-�_�N�j������%i(�� +�ӝh:ٓ4��#�����"M���� x��LZe������Ȇy��D j� ���e Public debt raised and used to finance a war is unproductive because it does not create an asset, it is a dead weight debt or a useless burden on the community Redeemable debt refers to a debt which may not be redeemed at all but on which the government promises to pay the interest regularly There should be neither ever recurring surpluses nor deficits in the budgets. %PDF-1.6 %���� endstream endobj 150 0 obj <>stream Most of the questions have a clear answer but others can receive several emphases. In the case of External debt, the amount of repayment of interest and principal represents the direct money burden on the community, Borrowing by a Government from abroad and does not include borrowing from within the country, Borrowing by general public, private individuals or association of individuals from the Government which they need to repay to Government under the prescribed terms and conditions, Borrowing by General Public in the form of loans or advances from the Government, Local Bodies, Government owned financial institutions. e. Answers a and c make the percentage of sales method inaccurate, but, as the text explains, the assumption of increasing economies of scale is built into the percentage of sales method. The direct money burden of external debt is the interest payment as well as the principal repayment (i.e., debt servicing) to external creditors. Public Finance AnswersUGC NET ECONOMICS PRACTICE QUESTIONS || Top Public finance MCQs| Public finance | INN FOR EXAMS important questions on public finance. Previous Practice: Finance MCQs. Group A Economics Chapter Public Financing MCQs: The Central Superior Services (denoted as CSS; or Bureaucracy) is an elite permanent bureaucratic authority, and the civil service that is responsible for running the civilian bureaucratic operations and government secretariats and directorates of … Financing the public sector for expanding and strengthening the public enterprises. Most Asked Technical Basic CIVIL | Mechanical | CSE | EEE | ECE | IT | Chemical | Medical MBBS Jobs Online Quiz Tests for Freshers Experienced. Prepare yourself then then come back and take online mcqs Quiz to check your memory. 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Taking up additional activities by the Government, Privatization of the activities of the Government, Dilution of Government Share in the Public Sector Enterprises, Revenue Expenditure incurred for meeting current expenses of the Government, Capital Expenditure incurred for creating long-term assets of the Government, Expenditure which is incurred on running the normal government administration, the increase in the expenditure of a country, the increase in the public debt of a country, A factor of proportionality that measures the increase in exports in a given period, A factor proportionality that measures the increase in public debt in a given period of time. Bringing gap between revenue and expenditure through temporary loans from central bank. 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