FULLY SOLVED BOOK LASY 5 YEARS PAPERS SOLVED PLUS GUESS

Public Finance Administration

UNIT-I
Public Finance: Nature, Definition, Scope of Public Finance, Role of Public Finance in Economic Development
and Principles of Maximum Social Advantage; Impact, shifting, incidence and effects of taxation; Parliamentary
Financial Committees- Estimates Committee, Public Accounts Committee, Committee on Public Undertakings,
Standing Committee for scrutiny of demands for grants.
UNIT-II
Sources of Revenue: taxes, loans, grants and aid - meaning and types, canons of taxation, problem of justice in
taxes, incidence of taxation, taxable capacity, Impact of taxation and tax evasion characteristics of Indian tax
system, defects and steps of reform; Public Expenditure: Meaning, Classification and Cannons of Public
Expenditure, Effects of Public expenditure on- Production, Distribution and Economic Growth
UNIT-III
Public Debt: Meaning, Need, Sources and repayment, Effects of Public debt on - Money Supply, Economic
Growth and Economic Stability; Federal Finance: Financial Issues in a Federal set up, Finance Commission,
Principles of efficient division of financial resources between Central and States, Problems of financial
imbalances and measures for adjustments.
UNIT-IV
Fiscal Policy: Meaning, Objectives of Fiscal Policy, role of fiscal policy in controlling inflation and stagnation,
Fiscal Responsibility and Budget Management Act; Budgets: Meaning, Classification of Budgets, Fiscal Deficit,
Deficit financing and deficit budget.