Which of the following is NOT a function of public finance?

CA Foundation · Business Economics · MTP · January 2025
Which of the following is NOT a function of public finance?
(A) A. Allocation of resources for public goods
(B) B. Income redistribution to achieve social equity
(C) C. Providing tax relief to corporates to boost economic growth
(D) D. Stabilization of the economy through fiscal measures

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Providing tax relief to corporates to boost economic growth

Topics: Public Finance

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