One of the major objectives of Fiscal Policy in India has been to attain a match between the revenue receipts and revenue expenditures. Which among the following is NOT a measure towards achieving this objective?
Q. One of the major objectives of Fiscal Policy in India has been to attain a match between the revenue receipts and revenue expenditures. Which among the following is NOT a measure towards achieving this objective?
Answer: All are correct
Notes: Fiscal policy is a mechanism by which Government influences savings, investment and consumption in an economy. It is aimed to achieve goals like income redistribution, socio economic welfare, export promotion, augment national income etc. Budget and taxation are tools for implementing fiscal policy.