How to login to NOUN Elearn Portal
You can now use you matric number to login as your username and password in a lowercase.
https://elearn.nouedu2.net/login/
Note that you are to change your passw...
COURSE CODE: BFN 852 CREDIT UNIT: 3
COURSE TITLE: PUBLIC FINANCIAL MANAGEMENT
TIME ALLOWED: 3HOURS
INSTRUCTIONS: 1. Attempt question Number one (1) and any other three (3).
2. Question number 1 is compulsory and carries 25 marks, while the other questions carry 15 marks each
3. Present all your points in coherent and orderly manner
1a World Bank was established in1945 under the Bretton Wood Agreement of 1944 after the World War II to perform specific functions; highlight four(4) of these functions in line with this agreement. 6marks
b. State six (6) reasons for imposing taxes on Nigerians by the government 6marks
c. Highlight four (4) objectives of monetary policies in Nigeria. 4marks
d. Discuss six (6) factors that could influence capital budgeting decisions 9marks
2a. How is national debt different from public debt? 2marks
b. Recently, the public debt overhang of Nigerian economy has assumed an alarming proportion. Discuss four of the strategies of debt management available to the Nigerian Government. 8marks
c. State five (5) instruments for government intervention an economy 5marks
3a. Discuss the meaning of government budget. What does it intend to achieve? 5marks
3b. Budgetary control suffers from some limitations. Discuss five of such limitations 5marks
3c. Discuss five (5) merits of budgetary control 5marks
4a. Discuss five (5) principles for effective public financial management 7½marks
4b. Identify and discuss five (5) role of fiscal policy in Nigeria 7½marks
5a. List eight (8) non-oil revenue sources in Nigeria 8marks
5b. State seven (7) goods and services exempted from Value Added Tax 7marks
6a. Discuss five (5) functions of African Development Bank(ADB) 7½marks
6b Identify five (5) sources of finance to this bank 7½marks
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You can now use you matric number to login as your username and password in a lowercase.
https://elearn.nouedu2.net/login/
Note that you are to change your passw...
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