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Which one of the following is not an objective of Fiscal Policy in India?
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- Full Employment
- Price Stability
- Equitable Distribution of Wealth and Incomes
- Regulation of International Trade
- Full Employment
Correct Option: D
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.
