Question

The Government can achieve its budget objective of ‘Redistribution of Income’ by ____________.

Options

• managing the General Price Level in the economy to the desired level.

• increasing the Gross Domestic Products (GDP) of the economy

• bringing the production of goods and services under its direct and absolute control

• rationalization of taxes in a pro-poor direction.

Answer 1

The Government can achieve its budget objective of ‘Redistribution of Income’ by rationalization of taxes in a pro-poor direction.