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Question
Which of the following refers to the use by the government of the various instruments such as taxation, expenditure and borrowing in order to achieve the objectives of balanced economic development etc?
  1. Annual financial statement
  2. Fiscal policy
  3. Revenue budget
Options:
A .  1 only
B .  3 only
C .  2 only
D .  1, 2 and 3
Answer: Option C
Answer: (c)It is used to achieve the objectives of balanced economic development, full employment or to establish a welfare state Economics takes care of various needs and wants of life

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