NATIONAL OPEN UNIVERSITY OF NIGERIA
14-16 AHMADU BELLO WAY, VICTORIA ISLAND LAGOS
SCHOOL OF MANAGEMENT SCIENCES
MARCH/APRIL 2015 EXAMINATION
COURSE CODE: MGS779 CREDIT UNIT: 2
COURSE TITLE: Public Financial Management
TIME ALLOWED: 2 HRS
INSTRUCTIONS: 1. Attempt question number one (1) and any other (2) questions.
- Question number 1 carries 30 marks, while the other two questions carry 20 marks each.
- Present all your points in coherent and orderly manner.
- Identify types of tax in Nigeria and with graphical illustration, express the behavior of direct form of taxes (30 Marks)
- Write briefly on the African Development Bank functions (15 Marls)
3a. Classify government expenditure in Nigeria. (7 Marks)
3b. What do you understand by Wagner’s law of public expenditure? (8 Marks)
- Name the objectives of monetary policy in Nigeria. (5 Marks)
4b. State the monetary policy Instruments of an economy. (10 Mars)
- Define Public Financial Management (5 Marks)
5b. In your own word, explain the concept ‘public financial management’. (10 Marks)
You can get the exam summary answers for this course from 08039407882
Check the sample below