Advertisements
Advertisements
प्रश्न
The major objective of monetary policy is ______.
विकल्प
Employment generation
Maintaining foreign relations
Price stability
Greater tax collection
उत्तर
The major objective of monetary policy is Price stability.
Explanation:
Monetary policy's primary aim is price stability. This means keeping prices steady over time by preventing deflation and keeping inflation in check.
APPEARS IN
संबंधित प्रश्न
______ is an example of commercial revenues.
Monetary policy means regulation of money supply by the monetary authority.
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 : ______.
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 |
How can tax be used as an instrument to bring about equitable distribution of wealth and income?
An indirect tax is not always equitable. Give two reasons to support your answer.
Explain how tax can be used as an instrument to regulate consumption and production in an economy.
State the four merits of a direct tax.
Give two examples of direct taxes.
Citing reasons state the superiority of Progressive tax over regressive tax.
