Sail E0 Webinar
Question
Which one is not the main objective of fiscal policy in India?
Options:
A .  To promote price stability
B .  To increase liquidity in the economy
C .  To minimize the inequalities of income & wealth
D .  To promote employment opportunity
Answer: Option B
Answer: (b)
Fiscal policy is the means by which a government adjusts its spending levels and tax rates to monitor and influence a nation’s economy. It is used to stabilize the economy over the course of the business cycle.
Fiscal policy is the sister strategy to monetary policy through which a central bank influences a nation’s money supply.

Was this answer helpful ?
Next Question

Submit Solution

Your email address will not be published. Required fields are marked *

Latest Videos

Latest Test Papers