The document discusses fiscal policy and how the Indian government controls inflation and recession. Fiscal policy is defined as the government's program of taxation, expenditure, and other financial operations to achieve goals like economic growth, promoting employment, economic stability, and economic justice. The Indian government uses fiscal policy tools to control inflation and recession in the country.
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1. Q. FISCAL POLICY AND HOW TO INFRATION OR RESSION CONTROL THE INDIAN
GOVERNMENT.
ANS:-
A. FISCAL POLICY:-
FISCAL POLICY IS DEFINED AS THE GOVERNMENT’S
PROGRAMY OF TAXATION,EXPENDITURE AND OTHER FINANCIAL OPERATIONS
TO ACHIEVE CERTAIN GOALS. DHE MAIN OBJECTIVES OF FISCAL POLICY,LIKE:-
1.ECONOMIC GROWTH.
2.PROMOTION OF EMPLOYMENT.
3.ECONOMIC STABLITY.
4.ECONOMIC JUSTIC OR EQITY.
B. INDIAN GOVERNMENT CONTROL THE INFLAACTION
AND RESASSION.