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प्रश्न
Define fiscal policy.
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उत्तर १
Fiscal policy can be defined as the policy under which the government uses its expenditure and to revenue programmes to produce desirable effects.
उत्तर २
According to G.K. Shaw, "We define fiscal policy as any decision to change in the level, composition or timing of government expenditure or change in burden, structure and frequency of the tax payments."
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संबंधित प्रश्न
Taxes in which the rate of tax remains the same, though the tax bases changes are called ______.
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 |
Which of the following taxes generate civic consciousness among people?
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
An indirect tax is not always equitable. Give two reasons to support your answer.
Classify the following type of tax into direct and indirect taxes:
House tax
What are progressive taxes.
Give two reasons why the government imposes tax?
Explain how tax can be used as an instrument to regulate consumption and production in an economy.
Citing reasons state the superiority of Progressive tax over regressive tax.
