Exam (elaborations)
Exam (elaborations) Uectc602 (Uectc602) Public Finance
- Course
- Institution
- Book
Well written notes . Providing best information with elaboration. Simple and easy to understand
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
Seller
Follow
nisheetadevi
Content preview
Public FinanceBY DR ANJU JAIN
,What is public finance?
Public finance is the study of the role of the government in the economy . It is the branch of
economics that assesses the government revenue and government expenditure of the public
authorities and the adjustment of one or the other to achieve desirable effects and avoid
undesirable once. The study of how the government raises its income through different activ
and how the government spends this collected income on the expenditure involved in the
activities of the community is termed as Public finance. It is simply concerned with and deals
with the revenue and expenses of the government.
, Public Finance
The government of every country has to perform some obligatory functions and optional
functions .Defence of the country, maintenance of peace and security are some of the
obligatory functions of the government. But the provision of education ,and the establishmen
of hospitals, building of parks ,etc, are optional functions of the government,To perform all th
functions ,adequately & efficiently ,government needs funds from the public.
To perform these functions adequately and efficiently , govt. needs funds from the public.So
publicfinance is that which deals with the income and expenditure of the government.
According of Findlay Shirras, ‘’ Public finance is the study of the principles underlying the
spending and raising of the funds by public authorities.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller nisheetadevi. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79271 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now