CUET Preparation Today
What do you understand by the term "Fiscal policy"? |
Government's taxation and public expenditure policies RBI's policy relating to managing the supply of credit Import substitution policy/ Inward looking policy All of the above |
Government's taxation and public expenditure policies |
The correct answer is option 1: Government's taxation and public expenditure policies Fiscal policy is the use of government spending and taxation to influence the economy. Government typically uses fiscal policy to promote strong and sustainable growth and reduce poverty. It also controls inflation with help of fiscal polices. |
