Question of The Day03-09-2021

Which of the following is not one of the Fiscal Policy tools?

Answer

Correct Answer : d ) Private Consumption

Explanation :

Fiscal policy of the government aims to control inflation, regulate demand for goods and services, increase economic growth, etc.

Fiscal policy tools are:

  • Capital Expenditure
  • Government Spending
  • Direct Tax Policy
  • Indirect Tax Policy
  • Transfer Payments

 

Hence, option (d) is correct.

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