BFN 852 PUBLIC FINANCIAL MANAGEMENT

Course Exam Oct/2022

1a.What is national debt? b. Shortly discuss four (4) of the techniques for public debt management in Nigeria. c. Enumerate five (5) elements of government intervention an economy d. State five (5) major limitations of budgetary control e. Highlight five (5) reasons why budgetary control in government sector
2a. State seven (7) goods and services that are not Vatable under the VAT Act; b. Mention eight (8) other sources of revenue in Nigeria from oil
3a. State five (5) of the functions of the World bank 5marks b. Identify six (6) of the reasons why government levy taxes 6marks c. Highlight four(4) objectives of monetary policies in Nigeria
4a Discuss six (6) factors that could influence capital budgeting decisions 9marks b. Highlight the four (4) vitality of government budget in Nigeria
5a. State and discuss five (5) role of fiscal policy in Nigeria 7½marks b. Discuss five (5) major principles virile public financial management

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