BCom TY BCom Sem 5 2022 2023 Nov 2023 BUSINESS ECONOMICS PAPER V Question Paper - Mumbai University | munotes

Questions asked in this paper

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• 2. Figures to the right indicate full marks

1. Q1 Attempt any two of the following. 15 marks
   • a) What is the meaning of Public Finance? Explain different functions of Public Finance
   • b) Explain Dalton’s version of principle of maximum social advantage
   • c) Explain the concept & features of Sound Finance Attempt any two of the following. 15
   • a) What are the different sources of Public Revenue? Explain in detail
   • b) Explain the merit & demerit of indirect taxes
   • c) Explain various factors influencing incidence of taxation
2. Q3 Attempt any two of the following. 15 marks
   • a) Explain the classification of public expenditure
   • b) Explain meaning & types of deficits
   • c) Evaluate the key issues of fiscal federalism
3. Q4 Attempt any two of the following: 15 marks
   • a) Explain the organized segments of Indian Money Market
   • b) Discuss the Indian money market reforms since 1991
   • c) Explain the role & significance of capital market in economic development
4. Q5 A) State whether the statement is true or false with reasons (any four) 8 marks
5. Q1 Incase of Public Finance, the outcome is measured & evaluated only with profit
6. Q2 Modern economist have supported the principle of sound finance for government
7. Q3 Fringe benefit tax is a form of direct tax
8. Q4 Impact of tax refers to the initial stage of tax burden
9. Q5 Revenue budget covers those items which are concerned with acquiring & disposal of
10. Q6 Money borrowed by the government for financing a war comes under the category of
11. Q7 Indian money market is controlled by Indian government
12. Q8 Primary market deals in already issued or existing securities
    • B) Choose the correct answer & rewrite the sentences: (any seven) 07
13. Q1 Which of the following is not an objective of fiscal operations
    • a) Allocation of resources b) Distribution of resources
14. Q2 In which areas public finance similar to private finance
    • c) Sources of borrowings d) Time dimension
15. Q3 Redistribution taxation is aimed at to
    • a) Reduced the saving of rich b) Increase the consumption of poor
    • c) Botha&b d) None of this
16. Q4 Which of the following is not a part of direct tax?
17. Q5 In media direct taxes are
    • a) Regressive b) Progressive
    • c) Aggressive d) Proportionate
18. Q6 Which is not true for shifting of tax?
    • a) Shifting tax between from one b) Can be forward or backward person to another
    • c) Ultimate resting place of tax d) Possible through the process of
19. Q7 Who suggested that public expenditure increases in peeks or step like manner?
    • c) A.P heraner d) Dalton
20. Q8 Public debt means borrowing from
    • c) Foreign countries & international d) All of the above
21. Q9 Which is not a feature of FRBM Act, 2003?
    • c) Budget management rules d) in revenue
22. Q10 Which is not feature of Indian Money market?
    • a) Dictionary b) Multiplicity in interest rate
23. Q11 Pick out the one which is not classified as Developmental Financial Institutions (DFIS)
24. Q12 The main function of SEBI is to regulate in India
    • c) Business of stock market & other d) None of the above
25. Q3 HIST
    • H) Het S)

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