Describe Canons of Taxation.

Mention any three similarities between public finance and private finance.

What are the functions of a modern state?

State any three characteristics of taxation.

Point out any three differences between direct tax and indirect tax.

What is primary deficit?

Mention any three methods of redemption of public debt.

Draw the flow chart depicting components of budget

Explain the balanced and unbalanced Bidget.

What are the main elements of a budget?