Multiple choice general knowledge

Which one of the following is not an objective of fiscal policy of Indian Government?

  1. Full Employment

  2. Regulation of inter-State trade

  3. Price stability

  4. Equitable distribution of wealth and income.
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Fiscal policy in India primarily aims to achieve full employment, price stability, and equitable distribution of wealth and income through government taxation and expenditure measures. Regulation of inter-State trade is a constitutional function under the Commerce Clause and trade regulations, not a fiscal policy objective which deals specifically with revenue mobilization and public spending.

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