This policy determines all the planned actions of a government in mobilising financial resources for meeting its expenditure and regulating the economic activities in a country. Identify this policy.

Fiscal Policy

The correct answer is Option 2: Fiscal Policy

Fiscal Policy : All the planned actions of a government in mobilising financial resources for meeting its expenditure and regulating the economic activities in a country.

Monetary Policy: This policy is controlled by the Central Bank (RBI in India), not the government directly. It focuses on money supply, interest rates, and credit control, not on government expenditure or taxation. Hence, it is not correct here.

Economic Policy: Economic Policy is a broad term that includes many policies like fiscal policy, monetary policy, trade policy, etc. The question is asking for the specific policy related to government revenue and expenditure, so this option is too general.