Fiscal Policy- Public Expenditure, Revenue Taxation and Deficit Management

What is meant by revenue deficit and effective revenue deficit?

Explain the concepts of direct taxes and indirect taxes in India and describe each with an example.

What is progressive taxation?

What is included in the Non-Tax Revenue Receipts of Government of India?

Write the instruments of fiscal policy.

'Subsidy in the form of free electricity has led to depletion of ground water.' Explain it.

What do you understand by Goods and Services Tax (GST)?

What are the objectives of related subsidies of social sector ? Which types of problems are barriers to fulfil its objectives ?

Write a short note on Social Subsidies in 20 words.

Write a short note on Social Subsidies.

What are the objectives of 12th Five Year Plan ? Is this plan success to fulfil the own objectives ? Critically examine.

What is the role of Public Finance in the economic development of the country.

Write a short note on Define Fiscal Policy in 20 words.

Define Fiscal Policy.