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प्रश्न
Define the following term:
Fiscal deficit
Define fiscal policy.
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उत्तर
Fiscal deficit refers to the total amount of borrowing required by the government to finance its budget deficit, i.e., the excess of government expenditure over government revenue.
संबंधित प्रश्न
Fiscal policy means public expenditure and tax policy of the government.
Instruments of fiscal policy is:
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 ______.
Which of the following taxes generate civic consciousness among people?
State two objectives of fiscal policy.
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 indirect taxes can be inflationary.
Citing reasons state the superiority of Progressive tax over regressive tax.
