Public Service Commission Second Stage Open Competitive Written Examination for the posts of Nepal Administrative Service, Revenue Group, Ungazetted First Class, Nayab Subba or equivalent in the Non-Technical Sector
Date: 2082/8/4
Time: 2 hours 30 minutes
Full Marks: 100
Paper: Third
Subject: Service-Group Related Subject
Answers to the questions below should be written in separate answer sheets according to the Section.
1. What kind of problems is the country facing due to the low level of capital expenditure of the government? Describe.
2. Mention about the interrelationship between the monetary policy and fiscal policy.
3. What is the long-term vision of the current periodic plan of Nepal? Describe.
4. What type of instruments have been used in mobilization of domestic borrowing in Nepal? What problems may arise in the economy while domestic borrowing increases? Write down in points.
5. How do the banks and financial institutions of Nepal contribute to the economy? Write down in points.
6. Describe the problems seen in budget implementation after the adoption of federalism in Nepal. What efforts should the Union,
7. According to the constitutional arrangements of Nepal, what types of taxes and non-taxes can local levels collect? Write down.
8. What is fiscal equalization grant? Why is this necessary? Mention in brief. What is fiscal equalization grant? Why is this necessary? Mention in brief.
9. Mention the similarities and differences between zero rate and tax exemption. Why is tax refund considered the beautiful side of value added tax? Write down. Why is the tax return considered a beauty aspect of value added tax? Write in shorn.
10. What are the major differences between self-release system and physical control system in taxation? Write with examples.
11. What are the provisions about the distribution of value added tax and excise duty among the federal, provincial and the local levels? Write down the distribution with percentage.
12. What are the main problems observed in the implementation of income tax system in Nepal? How can these problems be solved? Explain.
13. Discuss the roles and responsibilities of the Department of Revenue Investigation in Nepal.
14. What do you understand by capital market? Mention the regulatory bodies of the capital market.
15. What measures should be adopted for controlling the revenue leakages in Nepal? Describe.
16. Mention the challenges of taxpayer education in Nepal.
17. Why are public enterprises necessary in an open, liberal and market-oriented economy? Discuss the contribution of public enterprises in the economy of Nepal.
