Open App

UPSC Exam > UPSC Videos > Indian Economy for UPSC CSE > Public Finance - 3

Public Finance - 3 Video Lecture | Indian Economy for UPSC CSE

FAQs on Public Finance - 3 Video Lecture - Indian Economy for UPSC CSE

1. What is public finance?

Ans. Public finance is the study of how governments raise and spend money to fund public services and infrastructure. It involves analyzing government budgets, taxation policies, public debt, and the impact of fiscal policies on the economy.

2. How does public finance impact the economy?

Ans. Public finance plays a crucial role in the economy as it determines the level of government spending, taxation, and borrowing. These policies directly affect the overall economic activity, resource allocation, income distribution, and economic stability of a country.

3. What are the main sources of government revenue in public finance?

Ans. The main sources of government revenue in public finance include taxes (e.g., income tax, sales tax, corporate tax), fees and licenses, fines and penalties, grants and transfers from other governments, and revenue generated from state-owned enterprises.

4. What is public debt and how does it impact public finance?

Ans. Public debt refers to the total outstanding borrowing by the government. It is usually in the form of government bonds or treasury bills. Public debt impacts public finance by increasing the government's liabilities, which can lead to higher interest payments, reduced fiscal flexibility, and potential risks to the overall economy.

5. How does public finance contribute to sustainable development?

Ans. Public finance plays a vital role in achieving sustainable development goals by providing funding for public services such as education, healthcare, infrastructure development, and environmental protection. It ensures that resources are allocated efficiently and equitably, promoting long-term economic growth and social well-being.

About this Video

4.68/5 Rating

Jul 14, 2025 Last updated

Related Exams

UPSC

Video Description: Public Finance - 3 for UPSC 2025 is part of Indian Economy for UPSC CSE preparation. The notes and questions for Public Finance - 3 have been prepared according to the UPSC exam syllabus. Information about Public Finance - 3 covers all important topics for UPSC 2025 Exam. Find important definitions, questions, notes, meanings, examples, exercises and tests below for Public Finance - 3.

Introduction of Public Finance - 3 in English is available as part of our Indian Economy for UPSC CSE for UPSC & Public Finance - 3 in Hindi for Indian Economy for UPSC CSE course. Download more important topics related with notes, lectures and mock test series for UPSC Exam by signing up for free.

Description

Video Lecture & Questions for Public Finance - 3 Video Lecture | Indian Economy for UPSC CSE - UPSC full syllabus preparation | Free video for UPSC exam to prepare for Indian Economy for UPSC CSE.

Information about Public Finance - 3

Here you can find the meaning of Public Finance - 3 defined & explained in the simplest way possible. Besides explaining types of Public Finance - 3 theory, EduRev gives you an ample number of questions to practice Public Finance - 3 tests, examples and also practice UPSC tests.

	Indian Economy for UPSC CSE 143 videos\|381 docs\|135 tests

Indian Economy for UPSC CSE

143 videos|381 docs|135 tests

Join Course for Free

Explore Courses for UPSC exam