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Chapters
1: Factors of Production
Theory of Demand and Supply
2: Elementary Theory of Demand
3: Elasticity of Demand
4: Theory of Supply
Market
5: Meaning and Types of Markets
Banking in India
6: Meaning and Functions of Money
7: Commercial Banks
8: Central Bank
▶ 9: Introduction to Public Finance
10: Public Revenue
11: Public Expenditure
12: Public Debt
Inflation
13: Inflation
Consumer Awareness
14: Consumer Awareness
![Goyal Brothers Prakashan solutions for Economics [English] Class 10 ICSE chapter 9 - Introduction to Public Finance - Shaalaa.com](/images/economics-english-class-10-icse_6:ca738c8e53b2465d96b5253bb7b17d70.jpg "Goyal Brothers Prakashan solutions for Economics [English] Class 10 ICSE chapter 9 - Introduction to Public Finance")
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Solutions for Chapter 9: Introduction to Public Finance
Below listed, you can find solutions for Chapter 9 of CISCE Goyal Brothers Prakashan for Economics [English] Class 10 ICSE.
Goyal Brothers Prakashan solutions for Economics [English] Class 10 ICSE 9 Introduction to Public Finance Exercise [Pages 163 - 164]
MULTIPLE CHOICE QUESTIONS
Public finance deals with ______.
Public Revenue
Public expenditure
Public debt
All the above
Identify the correct statement from the following:
The objective of public expenditure is maximise social benefit
A government cannot borrow from international agencies.
Government budgets are not made public
None of these
The word finance is used for ______.
Public finance only
Private finance only
Both Public finance only and Private finance only
Banking
Choose the correct statement from the following:
Public finance has positive aspect only
Public finance has normative assertive only
Both Public finance has positive aspect only and Public finance has normative assertive only
Neither Public finance has positive aspect only nor Public finance has normative assertive only
Public finance does not deal with ______.
Public Revenue
Monetary Policy
Public Expenditure
Public debt
The study of the nature and principles of government's revenue and its expenditure is known as ______.
Public debt
Public expenditure
Financial administration
Public finance
Short Answer Type Questions
Define the term public finance.
What is public finance in its positive aspect?
Define public revenue.
Define public expenditure.
Define public debt.
What is public finance in its normative aspect?
Distinguish between the following concepts:
Public finance and Private Finance
Long Answer Type Questions.
Define the term public finance.
Define the term public finance.
Distinguish between the following concepts:
Public finance and Private Finance
What is the nature of public finance?
Is public finance a positive or a normative science?
Mention any three similarities between public finance and private finance.
Distinguish between the following concepts:
Public finance and Private Finance
Explain any two objectives of the fiscal developing economy.
Goyal Brothers Prakashan solutions for Economics [English] Class 10 ICSE 9 Introduction to Public Finance QUESTION BANK [Page 164]
Define the term public finance.
What is included in the study of public finance?
What is public revenue?
What is public expenditure?
What do you mean by public debt?
Distinguish between the following concepts:
Public finance and Private Finance
Write any two points of importance of public finance in an economy.
Define fiscal policy.
Mention any three similarities between public finance and private finance.
Define fiscal policy.
Explain any two objectives of the fiscal developing economy.
Solutions for 9: Introduction to Public Finance
Goyal Brothers Prakashan solutions for Economics [English] Class 10 ICSE chapter 9 - Introduction to Public Finance
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Concepts covered in Economics [English] Class 10 ICSE chapter 9 Introduction to Public Finance are Meaning and Scope of Public Finance, Nature of Public Finance, Public Finance and Private Finance.
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