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Question
Find the odd word
Optional functions of Government -
Options
Provision of education and health services
Social security measurement
Protection from external attacks
Welfare measures
Solution
Protection from external attacks
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RELATED QUESTIONS
Optional functions of government:
- Protection from external attack
- Provision of education and health services
- Provision of social security measures
- Collection of tax
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.
Read the given passage and answer the questions:
|
The conventional notion of social security is that the government would make periodic payments to look after people in their old age, ill health, disability, and poverty. This idea should itself change from writing a cheque for the beneficiary to institutional arrangements to take care of beneficiaries, including by enabling them to look after themselves, to a large extent. The write-a-cheque model of social security is a legacy from the rich world at the optimal phase of its demographic transition when the working population was numeral enough and earning enough to generate the taxes to pay for the care of those not working. This model is ill-suited for less, well-off India with growing life expectancy, increasing urbanization, and resultant migration. Social security under urbanization will be different from social security in a static society. |
- State the conventional notion of social security.
- What kind of conceptual change is suggested in the given paragraph?
- What is the legacy of social security from the rich world?
- Which features of India make the traditional model of social security ill-suited for the economy?
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
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.
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
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
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
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
