Fiscal Policy Quiz

Taxation and public expenditure policy are parts of

Who formulates the fiscal policy in India?

Counter-cyclical fiscal policy aims to

Which one of the following is a direct tax?

Which of the following is NOT a fiscal measure?

The concept of “Fiscal Responsibility and Budget Management (FRBM)” Act aims at

If the government cuts taxes and increases expenditure simultaneously, the policy is

Fiscal policy controls

Expansionary fiscal policy means

Fiscal deficit is shown in