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प्रश्न
A policy under which the government uses its expenditure and revenue to produce desirable effect and avoid undesirable effects on the national income, production and employment. This defines ______.
विकल्प
Monetary Policy
Wage Policy
Price Policy
Fiscal Policy
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उत्तर
A policy under which the government uses its expenditure and revenue to produce desirable effect and avoid undesirable effects on the national income, production and employment. This defines Fiscal Policy.
Explanation:
- Fiscal Policy is the policy under which the government uses its expenditure (spending) and revenue (taxation) to influence the economy.
- The aim is to produce desirable effects, such as increasing national income, boosting production, and promoting employment, while avoiding undesirable effects like inflation or excessive deficits.
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संबंधित प्रश्न
Match the following and select the correct option:
| Column A | Column B | ||
| (i) | Taxes imposed on income and wealth | A. | Regressive |
| (ii) | Taxes imposed on goods and services | B. | Progressive |
| (iii) | A tax system where the rate of tax decreases with increase income | C. | Direct taxes |
| (iv) | A tax system where the rate of tax increases as income increase | D. | Indirect taxes |
Wealth tax is an example of:
Classify the following type of tax into direct and indirect taxes:
Income tax
Explain the term proportional taxation.
Which one is better progressive or regressive taxation and why?
State two differences between income tax and commodity tax.
State the four merits of a direct tax.
State three demerits of an Indirect tax.
Explain the term Impact of a tax.
Explain the term Incidence of a tax.
