Question

which of the following serves as a tool for fiscal management and accountability?

1) Monetary Policy
2) Budget
3) Foreign Policy
4) Industrial Policy​

Answer 1

Answer:

Monetary Policy

Explanation:

Which of the following serves as a tool for fiscal management and accountability?

Answer- Monetary Policy.

Answer 2

Option 2 is the correct answer.

Budget serves as a tool for fiscal management and accountability.

1. Budget planning is the most important measure to carry out effective public expenditure and minimize public debt.
2. In India, Fiscal responsibility and budget management act is an important part of the budget which sets fiscal target every fiscal year.
3. The fiscal measures are taken as per the budget and if there are any irregularities they can be corrected as per the set targets.