Public Finance in India
Economics ⇒ Indian Economy
Public Finance in India starts at 12 and continues till grade 12.
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See sample questions for grade 12
Define fiscal deficit.
Explain the concept of deficit financing.
Explain the concept of primary deficit.
Explain the concept of 'progressive tax'.
Explain the concept of 'public goods' with examples.
Explain the concept of 'tax incidence'.
Explain the difference between direct and indirect taxes with examples.
Explain the term 'public debt'.
What is public finance?
What is the difference between plan and non-plan expenditure?
What is the difference between revenue deficit and fiscal deficit?
What is the impact of a high fiscal deficit on the economy?
What is the main objective of the government budget?
What is the main purpose of the Goods and Services Tax (GST) in India?
What is the role of public finance in economic development?
