ئن
‎(Pages : 3) Nee‏ ۸ہ 21241 ‎C‏
‏ب ‎ಕಾ ತಾತಾ‏

SIXTH SEMESTER B.A. DEGREE EXAMINATION, MARCH 2017
(CUCBCSS—UG)
Economics
ECO 6B 13—PUBLIC FINANCE

Time : Three Hours Maximum : 80 Marks

നി ७४७७५ ०७७+ ४००» ०

Answers may be written either in English or in Malayalam.
Part A

Answer all questions.
Each question carries ¥2 mark.

1. Sinking fund is a method of :

(a) Shifting of tax. (b) Refunding.

(€) Redeeming public debt. (d) None of these.
2. Capital levy is :

(a) Tax on commodity. (b) Tax on property.

(c) Tax on production. (d) Tax on consumption.
3. Budget where there is excess of expenditure over revenue is called :

(a) Surplus. (b) Deficit.

(c) Balanced. (d) Zero based
4. Ifthe tax rate increases with the higher level of income is called :

(a) Regressive tax. (b) Indirect tax.

(c) Progressive tax. (d) None of these.
5. Special assessment is form of :

(a) Tax revenue. (b) Public debt.

(c) Non-tax revenue. (d) None of these.

6. Voluntary Disclosure scheme is related to :
(a) Public debt. (b) Taxation.
(c) Black money. (d) Public expenditure.