Advertisements
Advertisements
प्रश्न
Define fiscal policy.
Advertisements
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."
APPEARS IN
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 |
Name any two instruments of Fiscal Policy.
Define Indirect tax
An indirect tax is not always equitable. Give two reasons to support your answer.
What is meant by regressive taxation?
Give two reasons why the government imposes tax?
Explain the following with examples:
Progressive tax
Explain the significance of taxes.
Explain briefly two merits of indirect tax.
Explain the state's role in achieving the objective of social justice in less developed countries.
