Multiple choice

The main objective of fiscal policy is

  1. Promoting economic growth
  2. Mobilising resources for economic growth
  3. Ensuring economic growth and distribution
  4. Increasing employability opportunities

  1. only 1 and 2 are correct

  2. only 2 and 3 are correct

  3. only 1, 3, 4 are correct

  4. all are correct
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Fiscal policy in India has multiple objectives: promoting economic growth through investment and infrastructure (1), mobilizing resources for development via taxation (2), ensuring equitable distribution of income and wealth (3), and increasing employment opportunities through public works and incentives (4). All four objectives are integral to comprehensive fiscal policy.

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