Which among the following is a tool of Fiscal Policy ?
Detailed Explanation:
Fiscal Policy uses government revenue (taxes) and public expenditure to influence the economy, directly controlled by the government.
Taxes are a core fiscal tool—government adjusts direct taxes (income tax) and indirect taxes (GST) to manage demand, inflation, and revenue collection.
Cash Reserve Ratio (CRR), Credit Ceiling, and Bank Rate are monetary policy tools used by the Reserve Bank of India (RBI) to regulate money supply and credit availability in the banking system.
Question 1 of 1 Fiscal Policy
Practice PYQ questions from this topic across all years
First question in this topic
All questions in this topic completed!