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 TITLE: PUBLIC FINANCIAL MANAGEMENT

TIME ALLOWED: 2^1/2HOURS

INSTRUCTIONS:

1. Attempt Question One (1) and any other three (3) questions

2. Question 1 carries 25 marks, while the other questions carry 15 marks each.

1a. Discuss five (5) phases involved in the life cycle of public project. (7½ marks)

  b. Explain five (5) basic project planning techniques.    (7½ marks)

  c. Discuss briefly five (5) challenges of managing Nigerian Public projects.  (10 marks)

2a. Discuss five (5) purposes of budget to a government.                      (7½ marks)

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

3a. Discuss eight (8) non-oil revenue sources in Nigeria.     (8 marks)

  b. Explain seven (7) goods and services exempted from Value Added Tax.   (7 marks)                                                                                                                                                                                                                                            

4a. Discuss ten (10) Sustainable Development Goals. (10 marks)                                       

  b. Explain five (5) reasons why government levy taxes.     (5 marks)

5a. Explain the term National Debt. (3 marks)

  b. Discuss four (4) measures of public debt management in Nigeria.   (6 marks)

  c. Explain four (4) instruments for government intervention in an economy. (6 marks)

6a. Discuss briefly five (5) authorities involved in the public financial management/control in Nigeria.(10 marks)             

  b. Explain five (5) sources of finance to the African Development Bank (ADB). (5 marks)