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 779
Credit Unit: 2.
Course Title: PUBLIC FINANCIAL MANAGEMENT
Time Allowed: 2 HOURS
Instructions: 1. Attempt Question 1 and any other two (2) Questions.
2. Question 1 is compulsory and carries 30 marks while the other 2 Questions carry 20 marks each.
3. Present all your points in a coherent and orderly manner.
Question ONE
a. Public financial management is often viewed as the acquisition and disposal of resources by the government, be it federal, state or local government. In your own words, explain what you understand by Public financial management and its concept. (5 marks)
b. The main objective of financial management is to arrange sufficient finance for meeting short term and long-term needs. Discuss in any five (5) points the scope of every financial manager. (25 marks)
Question TWO
a. Public financial management plays the role of improving management of the flow of financial resources through government and its agencies to improve the quality of public service. In line with this, state and explain the aims/objectives of public financial management given by ACCA. 15 marks
b. Briefly explain how government report its financial operations to its stakeholders. 15mark
Question THREE
a. Fiscal policy is aimed to control inflation, reduce unemployment and maintain a healthy value for public funds. EXPATIATE on this statement. 5 marks
b. List and explain the major tools/instruments used by the Central Bank of Nigeria to achieve the goals of fiscal policy such as accelerated economic development. 15mark
Question FOUR
a. Every country establishes an apex central bank to institute and manage the economy by controlling the supply of money through the instruments of monetary policy. How do you describe a monitory policy? (4 marks)
b. Outline and explain the main objectives of monetary policy in a developing country like Nigeria. (12 marks)
c. Discuss challenges if any encountered by the Nigerian government in the implementation of monetary policy. (4 marks)
Select NOUN Past Questions & Answers by Faculties
National Open University of Nigeria (NOUN) Faculty of Sciences Past Questions and Answers.
National Open University of Nigeria (NOUN) Faculty of Education Past Questions and Answers.
National Open University of Nigeria (NOUN) Faculty of Arts and Social Sciences Past Questions and Answers.
National Open University of Nigeria (NOUN) Faculty of Law Past Questions and Answers.
National Open University of Nigeria (NOUN) Faculty of Management Sciences Past Questions and Answers.
National Open University of Nigeria (NOUN) Faculty of Health Sciences Past Questions and Answers.
National Open University of Nigeria (NOUN) Faculty of Agricultural Sciences Past Questions and Answers.
Select Project Topics & Materials by Categories
Universities, Polytechnic's and Colleges of Education Accounting Project Topics and Materials.
Universities, Polytechnic's and Colleges of Education Biology Project Topics and Materials.
Universities, Polytechnic's and Colleges of Education Business Education Project Topics and Materials.
Universities, Polytechnic's and Colleges of Education Chemistry Project Topics and Materials.
Universities, Polytechnic's and Colleges of Education Computer Science Project Topics and Materials.
Universities, Polytechnic's and Colleges of Education Criminology & Security Project Topics and Materials.
Universities, Polytechnic's and Colleges of Education Economics Project Topics and Materials.
Universities, Polytechnic's and Colleges of Education Education Project Topics and Materials.
Universities, Polytechnic's and Colleges of Education English/Linguistic Project Topics and Materials.
Universities, Polytechnic's and Colleges of Education Entrepreneurship Project Topics and Materials.
Universities, Polytechnic's and Colleges of Education Environmental Science Project Topics and Materials.
Universities, Polytechnic's and Colleges of Education Law Project Topics and Materials.
Universities, Polytechnic's and Colleges of Education Marketing Project Topics and Materials.
Universities, Polytechnic's and Colleges of Education Physics Project Topics and Materials.
Universities, Polytechnic's and Colleges of Education Political Science Project Topics and Materials.
Universities, Polytechnic's and Colleges of Education Public Administration Project Topics and Materials.
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...
The Flemish Ministry of Education and Training awards scholarships to highly talented international students who want to study a master's programme at a Flemish university, a school of arts or ...
Universities of the Coimbra Group offer short-term visits (generally 1 to maximum 3 months) to young African researchers from higher education institutions from Sub-Saharan Africa. The main aim of ...