what is public finance?

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Public finance refers to the administration of a nation's income, outlays, and debt load by various governmental and quasi-governmental entities.

The financial position of a nation can be assessed similarly to how financial statements of a company are analysed.

Key Components Of Public Finance :-

21 April, 2023

2. Budget.

3. Expenditure.

4. Depict/Surplus.

5. National Debt.

1. Tax Collection.

Public Finance Is Basically Depends On Three Factors.


The effective use of the resources currently at hand.


The income distribution among citizens.


Economy Stability.


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21 April, 2023

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