Question

what is meant by economic policy state four features of economic policy​

Answer 1

The economic policy of governments covers the systems for setting levels of taxation, government budgets, the money supply and interest rates as well as the labour market, national ownership, and many other areas of government interventions into the economy.

Some features like low per capita income, higher population below poverty line, poor infrastructure, agriculture based economy and lower rate of capital formation, tagged it as a developing economy in the world

Or

the seven important features of new economic policies under economic reforms, i.e.,

(1) Liberalisation,

(2) Privatisation,

(3) Globalisation of the Economy,

(4) New Public Sector Policy, (5) Modernisation, (6) Financial Reforms,

(7) Fiscal Reforms.

Answer 2

Answer:

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ᴇxᴛʀᴀᴄᴛ ᴍᴏʀᴇ ʀᴇᴠɴᴜᴇ

ғɪɴᴅɪɴɢ sᴏᴜʀᴄᴇ ᴏғ ᴄʜᴇᴀᴘ ʀᴀᴡ ᴍᴀᴛᴇʀɪᴀʟ

ᴇxᴘᴀɴᴅɪɴɢ ᴛʜᴇ ɪɴᴅɪᴀɴ ᴍᴀʀᴋᴇᴛ sᴏ ᴛʜᴀᴛ ʙʀɪᴛɪsʜ ɢᴏᴏᴅs ᴄᴏᴜʟᴅ ʙᴇ sᴏʟᴅ ɪɴ ʟᴀʀɢᴇʀ ϙᴜᴀɴᴛɪᴛɪᴇ

ᴇᴄᴏɴᴏᴍɪᴄ ᴘᴏʟɪᴄʏ ɪs ᴛʜᴇ ᴛᴇʀᴍ ᴜsᴇᴅ ᴛᴏ ᴅᴇsᴄʀɪʙᴇ ɢᴏᴠᴇʀɴᴍᴇɴᴛ ᴀᴄᴛɪᴏɴs ᴛʜᴀᴛ ᴀʀᴇ ɪɴᴛᴇɴᴅᴇᴅ ᴛᴏ ɪɴғʟᴜᴇɴᴄᴇ ᴛʜᴇ ᴇᴄᴏɴᴏᴍʏ ᴏғ ᴀ ᴄɪᴛʏ, sᴛᴀᴛᴇ, ᴏʀ ɴᴀᴛɪᴏɴ. sᴏᴍᴇ ᴇxᴀᴍᴘʟᴇs ᴏғ ᴛʜᴇsᴇ ᴀᴄᴛɪᴏɴs ɪɴᴄʟᴜᴅᴇ sᴇᴛᴛɪɴɢ ᴛᴀx ʀᴀᴛᴇs, sᴇᴛᴛɪɴɢ ɪɴᴛᴇʀᴇsᴛ ʀᴀᴛᴇs, ᴀɴᴅ ɢᴏᴠᴇʀɴᴍᴇɴᴛ ᴇxᴘᴇɴᴅɪᴛᴜʀᴇs.

(ɪ) ɪᴍᴘᴏʀᴛ ʟɪʙᴇʀᴀʟɪsᴀᴛɪᴏɴ. ɢᴏᴠᴇʀɴᴍᴇɴᴛ ʀᴇᴍᴏᴠᴇᴅ ᴍᴀɴʏ ʀᴇsᴛʀɪᴄᴛɪᴏɴs ғʀᴏᴍ ɪᴍᴘᴏʀᴛ ᴏғ ᴄᴀᴘɪᴛᴀʟ ɢᴏᴏᴅs.

(ɪɪ) ᴀʙᴏʟɪᴛɪᴏɴ ᴏғ ᴇxᴘᴏʀᴛ ᴅᴜᴛʏ.

(ɪɪɪ) ʀᴇᴅᴜᴄᴛɪᴏɴ ᴏғ ɪᴍᴘᴏʀᴛ ᴅᴜᴛʏ.

$\huge\underline\color{red}Samriddhi♡$