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Economic Reforms in India
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Fiscal policy means
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A
policy relating to public revenue and public expenditure
💡 Explanation:
Fiscal policy refers to government decisions regarding revenue collection (primarily through taxation) and government expenditure. It deals with how the government manages its income and spending to influence the economy. Option B correctly captures both components of fiscal policy - public revenue (taxes, etc.) and public expenditure (government spending on infrastructure, welfare, etc.)