Question

the policies related to the revenue income and expenditure of the state is​

Answer 1

Answer:

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Answer 2

The policies related to the revenue income and expenditure of the state is the fiscal policy.

Explanation:

• The fiscal policy helps the state or the government to adjust its level of spending and the tax rates for monitoring and influencing the economy of the state or the country.  

• It is a form of monetary policy that is used by the ‘reserve bank of India’ to influence its economic objectives and the supply of money in the country.  

• The 'fiscal policy' is based on the theory of ‘John Maynard Keynes’ and his ‘Keynesian economics’ related to governmental policies.