Fiscal and Monetary policy both are same. true or false
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false because fiscal policy under the centre government and monetary policy under rba
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Answer:
Both are different .
- Monetary policy is taken only by a central bank to boost up an economy .
- Fiscal policy is an action taken by countries government and ministries to increase an economy and to reduce the inflation .
- In short , monetary policy is central bank oriented . and fiscal policy is government oriented .
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