Public Finance Quiz

What is the primary focus of Public Finance?

• Managing private sector investments

• Overseeing international trade

• Regulating foreign exchange rates

• Managing a country's revenue, expenditures, and debt

Which of the following is NOT a source of public revenue?

• Private donations

• Income taxes

• Licensing fees

• Government surplus

Which component of Public Finance deals with government income?

• Public expenditure

• Financial administration

• Public debt

• Public revenue

What type of expenditure is aimed at addressing social inequalities?

• Operating expenditure

• Redistribution expenditure

• Capital investment expenditure

• Administrative expenditure

What is one of the main goals of public expenditure?

• To increase private sector investments

• To control foreign exchange rates

• To ensure the smooth running of public services

• To regulate international trade

Which of the following is a purpose of public debt?

• To limit public welfare schemes

• To reduce government transparency

• To cover budget deficits

• To increase private sector profits

What does financial administration primarily deal with?

• Organizing and dispersing public funds

• Increasing private sector investments

• Regulating international trade

• Managing foreign exchange reserves

What is a key function of financial administration?

• To regulate international trade

• To increase private sector profits

• To account for government financial transactions

• To manage foreign exchange reserves

Which of the following is a role of Public Finance?

• Increasing private sector profits

• Controlling foreign exchange rates

• Managing public needs and economic development

• Regulating international trade

Why is Public Finance important for a nation?

• It limits government transparency

• It increases private sector profits

• It manages the growth and price stability of the economy

• It reduces public welfare schemes