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प्रश्न
A policy under which the government uses its expenditure and revenue to produce desirable effect and avoid undesirable effects on the national income, production and employment. This defines ______.
पर्याय
Monetary Policy
Wage Policy
Price Policy
Fiscal Policy
उत्तर
A policy under which the government uses its expenditure and revenue to produce desirable effect and avoid undesirable effects on the national income, production and employment. This defines Fiscal Policy.
Explanation:
- Fiscal Policy is the policy under which the government uses its expenditure (spending) and revenue (taxation) to influence the economy.
- The aim is to produce desirable effects, such as increasing national income, boosting production, and promoting employment, while avoiding undesirable effects like inflation or excessive deficits.
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संबंधित प्रश्न
______ are those taxes which are paid by the same person on whom they have been imposed.
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 |
Define Direct tax
Define Indirect tax
Differentiate between direct and indirect taxes.
Give one example of progressive tax.
State two drawbacks of direct taxes.
Explain the term Impact of a tax.
Define the following term:
Fiscal deficit
Explain how indirect taxes can be made progressive.
