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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 ______.
पर्याय
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.
APPEARS IN
संबंधित प्रश्न
______ is an example of commercial revenues.
______ are those taxes which are paid by the same person on whom they have been imposed.
Match the following:
| Column I | Column II | ||
| A. | Direct tax | (i) | Tax rate increases with tax base |
| B. | Indirect tax | (ii) | Tax rate remains constant |
| C. | Proportional tax | (iii) | Imposed on goods and services |
| D. | Progressive tax | (iv) | Impact and incidence lie on the same person |
Define Indirect tax
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.
Explain the term Incidence of a tax.
With reference to the taxation policy.
Differentiate between progressive and regressive taxes giving an example for each.
Citing reasons state the superiority of Progressive tax over regressive tax.
