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Indian polity miscellaneous

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Indian Polity

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  1. The policy that deals with the tax and expenditure policies of the Government is called
    1. Monetary Policy
    2. Fiscal Policy
    3. Credit Policy
    4. Budgetary Policy
Correct Option: B

In economics and political science, fiscal policy is the use of government revenue collection (taxation) and expenditure (spending) to influence the economy. The two main instruments of fiscal policy are government taxation and changes in the level and composition of taxation and government spending.


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