BCom SY BCom Sem 4 2022 2023 Mar 2023 BUSINESS ECONOMICS IV Question Paper - Mumbai University | munotes

Questions asked in this paper

1. Q2 All questions carry equal marks,
2. Q1 A) Define the concepts (any 5) 10 marks
3. Q1 Public Finance
4. Q2 Market Failure
5. Q3 Regressive Taxation
6. Q4 Incidence of Tax
7. Q5 Merit Goods
8. Q6 Unproductive Debts
9. Q7 Budget
10. Q8 Fiscal federalism
11. Q1 B) State whether the following statements are True or False. 10 marks
12. Q1 Deficit budget should be followed during the
13. Q2 Market failure is due to inefficient allocation of resources
14. Q3 Incidence is the ultimate burden of the tax
15. Q4 Subsidies can increase consumption demand
16. Q5 Ayushman Bharat Yojana provides cashless treatment to patients
17. Q6 Government must avoid productive expenditure
18. Q7 GST came into effect on Ist July 2020
19. Q8 The FRBM act nas no limitations
20. Q9 Public debts do not create any burden on the economy
21. Q10 There is only one source of public revenue
22. Q2 Attempt (Any 2) 20 marks
23. Q1 Define public finance and explain its scope Discuss Dalton's principle of maximum social advantage
24. Q3 Explain the role of the government in correcting market failure
25. Q3 Attempt (Any 2) 1, Discuss the merits and demerits of direct and indirect taxes How do elasticities of demand affect the incidence of taxation? Explain with the help of a suitable diagram 20 marks
26. Q3 Discuss the economic effects of Taxation on savings, consumption, and redistribute effects of taxation
27. Q4 Attempt (Any 2) 20 marks
28. Q1 Discuss the economic effects of public expenditure 2, Explain the Wiseman-peacock hypothesis
29. Q3 Explain the meaning and the classification of public debt Attempt (Any 2) 20 Marks Discuss fiscal policy and state its limitations
30. Q2 Explain the concept of public budget and its types
31. Q3 Discuss fiscal decentralization and its components in

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