SSC MCQ Question Ans. The Public Finance of Bangladesh Government

SSC MCQ Question Ans. The Public Finance of Bangladesh Government. Bangladesh government spends lots of money to run the administration properly, maintaining the rules and regulations within the country, save the country from external attacks and in many projects for social welfare. The government has to earn revenue from different sources to finance these costs. A budget is a financial plan and a list of all planned expenses and revenues of the government. And these things are discussed in Public Finance.

SSC MCQ Question Ans. The Public Finance of Bangladesh Government

The branch of economics, in which the revenue and expenditure of the government and things related to loans are discussed, is called public finance. To ensure the maximum social welfare of the people and for economic welfare in which sectors the local government will spend, how much it will spend and which policies it should follow are discussed in public finance.  If expenditure exceeds the revenue,  how much and from which sectors it will earn revenues to finance these expenditures, and from where it will borrow are discussed in public finance. Thus the branch of economics in which government’s revenue expenditure and the sources of public debt and problems related to these and solutions to these problems are discussed is called public finance.

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