Question : The theory of "Maximum Social Advantage" in Public Finance was given by
Option 1: Robbins
Option 2: Musgrave
Option 3: Findley
Option 4: Dalton
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Correct Answer: Dalton
Solution : The correct answer is Dalton .
Hugh Dalton was an economist by profession. The concept of the theory says that public money is adjusted in such a manner that its disutility be mitigated. The theory keeps proper watch over public finance.
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