Which of the following is the primary objective of India's fiscal policy?

CA Foundation · Business Economics · MTP · January 2025
Which of the following is the primary objective of India's fiscal policy?
(A) A. To regulate foreign exchange rates
(B) B. To control inflation through market mechanisms
(C) C. To manage government expenditure and tax collection to influence the economy
(D) D. To encourage high savings rates among citizens

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. To manage government expenditure and tax collection to influence the economy

Topics: Public Finance

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic