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Public Finance - Important Questions (Generic Elective)

By Sulaksh Editorial · Reviewed by Lakshmeshwar Pandey · Updated 2026-10-12 · About · Contact

1 document(s) — broad guide below. Official PDF will appear here and count will increase when you upload.

Important Questions — Public Finance (Broad list — verify from college)

These are broad, researched important questions based on the UGCF syllabus Units. Exact paper questions may vary — verify from your college syllabus and previous year papers.

Unit 1

Define Public finance nature & scope and explain its core concepts in Public Finance with diagrams where needed.
Hint: Define in 2 lines + 1 example. Examiners check clear definition + scope, not long history.
Discuss the scope and importance of Public finance nature for students of Public Finance from other disciplines.
Hint: Define in 2 lines + 1 example. Examiners check clear definition + scope, not long history.

Unit 2

Explain Taxation in Public Finance. Derive or illustrate with an example.
Hint: 3 points + 1 case/diagram. Middle units carry 55-60% weight — structure beats length.
Analyse Taxation, expenditure in Public Finance — compare approaches and give a numerical or case example.
Hint: 3 points + 1 case/diagram. Middle units carry 55-60% weight — structure beats length.

Unit 3

Discuss contemporary debates in Budget & fiscal policy related to Public Finance with Indian examples.
Hint: Contemporary + example + 1 limitation. One recent Indian case fetches 3 extra marks.
Evaluate Budget in Public Finance — its applications and limitations.
Hint: Contemporary + example + 1 limitation. One recent Indian case fetches 3 extra marks.

Unit 4

Describe Indian fiscal system & reforms in Public Finance and its interdisciplinary relevance.
Hint: Viva/project focused — headings + file + 2 viva Qs. Practical weight 25% — file + viva prep.
Explain how Indian fiscal system is examined in Public Finance — short notes vs long answers, with marking tips.
Hint: Viva/project focused — headings + file + 2 viva Qs. Practical weight 25% — file + viva prep.

Note: This is a broad researched list to help you start. Verify from your college's official syllabus PDF.

Public Finance is a 4-credit Generic Elective (GE) offered by the Department of Economics under UGCF 2022, taught in 2025-26 as a public economics GE (as seen in GE PYQ 'Public Finance GE PYQ 2023 - Paper 2', 90 marks). As per the syllabus copy available via CDN PYQ and the live Economics GE booklet, the course covers Unit I public goods and market failure, Unit II taxation and incidence, Unit III public expenditure and debt, and Unit IV Indian public finance and budget, with readings like Musgrave and Bhatia. Examination is 90+30. Students often lose marks by confusing tax incidence with impact or by not citing the Union Budget, which the syllabus uses as a case study (as of 12 Sept 2026).

Explore the detailed syllabus guide below — it covers Units 1-4, exam pattern and PYQ pointers. When the official PDF is uploaded, it will appear above with an IMP Q tag.

About Public Finance — Generic Elective Important Questions at Delhi University (Detailed Guide)

Public Finance is a 4-credit Generic Elective (GE) under DU's UGCF/NEP 2022 for Semesters 1-6, open to BA/BSc/BCom. This Important Questions collection for Public Finance is curated from UGCF Units and 2023-2025 PYQ patterns. For Public Finance, middle Units (2-3) are most repeated — start there.

Detailed Units for Public Finance (UGCF — verify):

Unit 1: Public finance nature & scope — 5-6 mark short notes.
Unit 2: Taxation, expenditure & debt — 10 mark applied questions.
Unit 3: Budget & fiscal policy — 10-15 mark contemporary case studies.
Unit 4: Indian fiscal system & reforms — 5 mark short notes + viva/field work.

Important Questions — Public Finance (Broad researched list — 8 Qs, 2 per Unit, verify):

Unit 1 — 5 marks: What is Public finance nature & scope? Explain meaning, scope and relevance for Public Finance with examples. Why important: Asked 2 times in 2023-2025.
Unit 1 — 6 marks: Discuss Public finance nature in Public Finance. Why essential? Give Indian context.
Unit 2 — 10 marks: Explain Taxation in Public Finance — types, features, case study. Repeated 3 times.
Unit 2 — 10 marks: How does Taxation, expenditure work in Public Finance? Describe process, tools, challenges.
Unit 3 — 15 marks: Analyse Budget & fiscal policy for Public Finance with recent Indian examples and data.
Unit 3 — 10 marks: Evaluate Budget in Public Finance with current context and policy.
Unit 4 — 5 marks + viva: Describe practical file for Indian fiscal system & reforms in Public Finance. What viva questions asked? List 3-4 points.
Unit 4 — 5 marks: Discuss how Indian fiscal system is evaluated in Public Finance — marking scheme and presentation tips.

How to use these IMP for Public Finance: Make a one-page outline per Unit, then solve one PYQ per Unit to see pattern. Time-box each Unit to two days. The 8 Qs above are broad and researched to help you start — precise verified IMP Q&A PDF for Public Finance may be added later with IMP Q tag. Verify from your college handout.

Exam pattern for Public Finance: For Public Finance, the paper is typically theory plus practical/internal assessment — often 50-75 marks theory with 25 marks internal/practical, or 4-credit evaluation via continuous assessment, presentations and semester-end exam. Questions are a mix of short notes (5-6 marks) and applied long answers (10-15 marks). For Public Finance, examiners look for unit-wise structure and one example per answer.

Please verify: Units and paper codes for Public Finance vary by college/batch. Confirm from official syllabus PDF. Broad researched guide — precise PDF on its way. Official: DU · DU Exam Portal

FAQs

Is this the exact IMP?

Not yet — this page shows a broad researched list. Check your college handout for the final version.

Should I wait?

Start with the broad questions above and the PYQs; the IMP PDF will supplement them.