Question

Which of the following is not a function of public finance

Answer 1

public finance has to play a special role of promoting economic growth in the developing countries besides maintaining price stability. Public revenue, public expenditure, public debt, financial administration and Public budgeting are the main major subject matter of the public finance.

Answer 2

The functions are as follows:

• Income and spending are managed by making the most use of available resources.
• Managing the economy's growth and price stability.
• Providing the public with the required necessities and infrastructure.
• Take steps to improve the lives of individuals so that they can contribute to the development of the country.
• Maintaining the policies' transparency, as well as the income and expenditure data.
• Compare the current situation to the budgets, then adjust policies and manage the economy accordingly.
• Keep an eye on how the financial policy is working and how effective it is.