Get premium membership and access revision papers, questions with answers as well as video lessons.

Bcom 333:Public Finance Question Paper

Bcom 333:Public Finance 

Course:Bachelor Of Commerce

Institution: Chuka University question papers

Exam Year:2010



INSTRUCTIONS:
- Answer four Questions. - All questions carry equal marks. - Do not write on the question paper.
Q.1 (a) What do you understand by the term Public Finance? [3½ marks]
(b) Discuss the similarities and dissimilarities between public and private finance. [14 marks]
Q.2 “The best system of public finance is that which secures the maximum social advantage from the operations involved.” Discuss. [17 ½ marks]
Q.3 (a) What is a tax? [3½ marks]
(b) Critically explain the canons to taxation in the economy of Kenya. [14 marks]
Q.4 Clearly discuss the following types of taxes in relation to public finance:
(i) Proportional tax [6½ marks]
(ii) Progressive tax [6 marks]
(iii) Regressive tax [5 marks]
2
Q.5 (a) Distinguish between private and public goods. [4½ marks]
(b) Discuss the scope of public finance. [12 marks]
Q.6 What is public debt? Clearly explain the aims and classifications of public debt. [17½ marks]






More Question Papers


Popular Exams



Return to Question Papers