goverment stratergy towards public expenditure, rising revenue, taxation and public loan policy is known as ????
a)industrial policy
b)fiscal measures
c)public trading policy
d)monetary measures
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(b) fiscal measures.
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(b) fiscal measures.
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The correct answer for your question is option (B) – Fiscal Measures.
Fiscal Measures are a type of governmental policies that are implemented to correct the deficient demand and excess demand of the people of a country.
Mainly three types of actions were taken by a government under fiscal measures.
- Public Borrowing
- Public Expenditure
- Taxes.
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