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Question
Optional functions of government:
- Protection from external attack
- Provision of education and health services
- Provision of social security measures
- Collection of tax
Options
b and c
a, b and c
b, c and d
All of the above
Solution
b and c
RELATED QUESTIONS
Obligatory functions of the Government:
- Provision of employment
- Maintaining internal law and order
- Welfare measures
- Exporting goods and services
"Definition - Public finance is one of those subjects which are on the borderline between economics and politics." given by:
- Adam Smith
- Alfred Marshall
- Prof. Hugh Dalton
- Prof. Findlay Shirras
Distinguish between the following concepts:
Public finance and Private Finance
State with reason whether you agree or disagree with the following statement:
The obligatory function is the only function of the Government.
State with reason whether you agree or disagree with the following statement:
Public finance is more elastic than private finance.
______: Protection from external attacks :: Optional function : Provision of social security
Find the odd word
Optional functions of Government -
Identify the right group of pairs from the given options.
| Group A | Group B |
| i) Direct tax | a) Non-tax revenue |
| ii) Indirect tax | b) Inflation |
| iii) Fees and Fines | c) GST |
| iv) Surplus budget | d) Personal income tax |
| v) Deficit Budget | (e) Non-tax revenue |
Obligatory functions of the Government :
- Provision of employment
- Maintaining internal law and order
- Welfare measures
- Exporting goods and services
Obligatory functions of the Government :
- Provision of employment
- Maintaining internal law and order
- Welfare measures
- Exporting goods and services
Obligatory functions of the Government :
- Provision of employment
- Maintaining internal law and order
- Welfare measures
- Exporting goods and services
Identify and explain the concept from the given illustration:
Alia borrowed money from a friend to buy machinery.
Optional functions of Government :
- Protection from external attack
- Provision of education and health services
- Provision of social security measures
- Collection of tax
State with reason whether you agree or disagree with the following statement.
Obligatory function is the only function of the Government.
Obligatory functions of the Government :
- Provision of employment
- Maintaining internal law and order
- Welfare measures
- Exporting goods and services
State with reasons whether you agree or disagree with the following statement:
Obligatory function is the only function of the Govenment.
State with reason whether you agree or disagree with the following statement:
Obligatory function is the only function of the Government.
Obligatory functions of the Government:
- Provision of employment
- Maintaining internal law and order
- Welfare measures
- Exporting goods and services
State with reason whether you agree or disagree with the following statement:
Obligatory function is the only function of the Govenment.
State with reasons whether you agree or disagree with the following statement:
Obligatory function is the only function of the Government.
State with reasons whether you agree or disagree with the following statement:
Obligatory function is the only function of the government.
Obligatory functions of the Government:
- Provision of employment
- Maintaining internal law and order
- Welfare measures
- Exporting goods and services
Obligatory functions of the Government:
- Provision of employment
- Maintaining internal law and order
- Welfare measures
- Exporting goods and services
Obligatory functions of the Government:
- Provision of employment
- Maintaining internal law and order
- Welfare measures
- Exporting goods and services
Obligatory functions of the Government:
- Provision of employment
- Maintaining internal law and order
- Welfare measures
- Exporting goods and services
Obligatory functions of the Government:
- Provision of employment
- Maintaining internal law and order
- Welfare measures
- Exporting goods and services
State with reasons whether you agree or disagree with the following statement:
Obligatory function is the only function of the Govenment.
Obligatory functions of the Government:
- Provision of employment
- Maintaining internal law and order
- Welfare measures
- Exporting goods and services
