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What is Public Finance?
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- čas přidán 5. 07. 2020
- WHAT IS PUBLIC FINANCE?
In simple layman terms, public finance is the study of finance related to government entities. It revolves around the role of government income and expenditure in the economy.
Prof. Dalton in his book Principles of Public Finance states that “Public Finance is concerned with income and expenditure of public authorities and with the adjustment of one to the other”
By this definition, we can understand that public finance deals with income and expenditure of government entity at any level be it central, state or local.
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This is great, thank you
Thank you very much ❤
Sir,
It is submitted with due respect, why NO balance ,in public money in Banks and public policy in the Government especially in developing Economy.
Dr. H . J. Gurunath.
U S A.
Namaste, iam from hyd,
After independence, public debt repayment purpose, if govt issued long term bonds or bearer or stocks to some of influenced persons in society.., is it secret.. they all redeeming those public debt stocks through Rbi? Bcaz In my observation my relatives neighbours all getting sudden rich , Please please anolysis...
Thanks for this lovely Lecture. Please what is the benefit of Public Finance
What are the issues and problems of development of public finance?
These problems changing from country to country and region to region in which country or region you are living you have to study the economy
What are the objectives of public finance?
what's 'fiscal year"?
- A fiscal year is a one-year period that companies and governments use for financial reporting and budgeting. A fiscal year is most commonly used for accounting purposes to prepare financial statements. This one year period varies from country to county.
What r the examples of public finance?
The money spent by the government on developmental activities is called 'Capital Expenditure'. These activities include: (a) agriculture (b) industry (c) transport (d) electricity (e) irrigation projects (f) other developmental activities.
The expenditure incurred by the government on paying compensation to people affected by the developmental activities is called 'Non-Planned Expenditure'.
Why your transcript is Koreans could changes it in English tnx