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Question

A branch of public finance which deals with various types of expenditure needed for the proper functioning of the government is


A

Public revenue

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B

Public expenditure

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C

Public debt

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D

Public loan

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Solution

The correct option is B

Public expenditure


Public expenditure occupies an important place in the study of public finance. The government has to spend money to perform varied functions. It tends to satisfy collective social wants.


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