खालीलपैकी कोणती कार्ये सार्वजनिक आयव्ययाची आहेत ?
(a) संसाधनांची वाटणी
(b) उत्पन्न विभाजन
(c) स्थिरीकरण कार्ये
(d) खाजगी वस्तूंचा पुरवठा
दिलेल्या पर्यांयापैकी योग्य पर्याय निवडा :

The correct answer is Option C ((a), (b) and (c)).

Key Points:
• Core Concept
• Renowned public finance economist Richard Musgrave formulated the 'Three-Function Framework' defining the primary economic roles of the government budgetary system.
• Why Correct
• Musgrave's tripartite functions are:
• 1. The Allocation Branch: efficiently allocating resources between social/public and private goods.
• 2. The Distribution Branch: achieving equitable income and wealth distribution through progressive taxes and transfers.
• 3. The Stabilisation Branch: maintaining macroeconomic stability, full employment, and price stability.
• Supplying private goods is governed by market mechanisms, not public finance.
• Key Details
• Public goods are non-rival and non-excludable, requiring public budget financing due to market failure.
• Exam Traps
• Private goods are produced and supplied by market forces based on price mechanisms and profit motives, never being a core duty of public finance.
• Other Options
• Statement (d) is incorrect; thus, options including (d) are eliminated, leaving statements (a), (b), and (c) as correct.
• Key Takeaway: Musgrave's three functions of public finance are resource allocation, income redistribution, and macroeconomic stabilization.