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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 ______.
Monetary policy means regulation of money supply by the monetary authority.
Identify the tax which is most likely to faster civic conciousness.
Match the following:
| Column I | Column II | ||
| A. | Impact of tax | (i) | Price stability |
| B. | Incidence of tax | (ii) | Simple to calculate |
| C. | Objective of Monetary Policy | (iii) | Ultimate burden of tax |
| D. | Proportional tax | (iv) | Original imposition of tax |
To which tax is this shifting of tax burden relevant?
Classify the following type of tax into direct and indirect taxes:
House tax
Explain how indirect taxes can be inflationary.
State two differences between income tax and commodity tax.
Discuss four fiscal policy objectives with reference to India.
Explain the significance of taxes.
