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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
The essential feature of a tax.
______ are those taxes which are paid by the same person on whom they have been imposed.
Instrument of monetary policy is:
Name any two instruments of Fiscal Policy.
State two objectives of fiscal policy.
Define Indirect tax
Define a degressive tax.
An indirect tax is not always equitable. Give two reasons to support your answer.
How does the state fulfil the following socio-economic objective?
Promoting industrial growth.
State two differences between income tax and commodity tax.
