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प्रश्न
Fiscal policy means public expenditure and tax policy of the government.
पर्याय
True
False
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उत्तर
This statement is True.
Explanation:
Fiscal policy refers to the government's use of public expenditure (spending) and tax policies to influence the economy.
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संबंधित प्रश्न
Taxes in which the rate of tax remains the same, though the tax bases changes are called ______.
Observe the relationship of the first pair of words and complete the second pair:
Tax paid by person on whose it is imposed : Direct tax.
A tax is paid by some person and the final burden is born by some other person : ______.
Wealth tax is an example of:
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 |
Read the following statements carefully and choose the correct alternative:
Assertion (A): Income tax is a direct tax.
Reason (R): GST is an indirect tax.
Distinguish between fiscal policy and monetary policy.
Differentiate between direct and indirect taxes.
Briefly explain why direct taxes foster civic consciousness among people.
How does the state fulfil the following socio-economic objective?
Environmental protection.
Explain the significance of taxes.
