NATIONAL OPEN UNIVERSITY OF NIGERIA

UNIVERSITY VILLAGE, PLOT 91, CASDASTRAL ZONE, NNAMDI AZIKIWE EXPRESS WAY, JABI, ABUJA.
FACULTY OF MANAGEMENT SCIENCES
APRIL/MAY 2019 EXAMINATION

COURSE CODE: BFN779                                                  

CREDIT UNIT: 2

COURSE TITLE: PUBLIC FINANCIAL MANAGEMENT

TIME ALLOWED:   2HRS

INSTRUCTIONS:    

1. Attempt Question One (1) and any other two (2) questions

2. Question 1 carries 30 marks, while the other questions carry 20 marks each

1a. What is project management?      (2 marks)

 b. Discuss briefly four (4) elements of Project management in Nigerian public sector (8 marks)

  c. Discuss five (5) challenges inherent in management of government projects   (10 marks)

  d. Explain five (5) project planning techniques  (5 marks)

  e. Indicate four (4) benefits of Project Evaluation Review Technique (PERT) (5 marks)                                   

  2a. What is public debt?                                (2½ marks)

  b. Discuss four (4) of the measures of public debt management in Nigeria.          (10 marks)

  c. State five (5) instruments for government intervention in an economy             (7½ marks)

3a. Discuss ten (10) of the Sustainable development goals                     (10 marks)

  b. Explain six (6) of the reasons why government levy taxes                 (6 marks)

  c. Discuss four (4) objectives of monetary policies in Nigeria.               (4 marks)

4a. Discuss ten (10) sources of non-oil revenue in Nigeria                       (10 marks)

  b. Explain ten (10) goods and services exempted from Value Added Tax       (10 marks)

   5a Discuss five (5) of the purposes of a government budget                (7½ marks)

  b. Discuss five (5) factors that could influence capital budgeting decisions       (7½ marks)

  c. Discuss four (4) advantages of budgetary control                        (5 marks)