Multiple choice

Which of the following is not an objective of fiscal policy?

  1. Economic growth

  2. Economic stability

  3. Maximisation of employment level

  4. Regulating of financial institutions

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Fiscal policy objectives include economic growth, economic stability, and employment maximization. Regulating financial institutions is primarily the domain of monetary policy executed by central banks like RBI, not fiscal policy which involves government taxation and spending.

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