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UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Fiscal and Monetary Policy

  • question_answer
          Which of the following refers to the use by the government of me 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

    A) 1 only                          

    B) 2 only

    C) 3 only              

    D)        1, 2 and 3

    Correct Answer: B

    Solution :

    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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