MCQOPTIONS
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| 1. |
'Fiscal policy' means |
| A. | Balancing the revenue collection and expenditure |
| B. | Establishing equilibrium between demand and supply of goods and services |
| C. | Use of taxation, public borrowing and public expenditure by Government for purposes of 'stabilization' or 'development' |
| D. | Deficiency as an instrument of growth |
| Answer» D. Deficiency as an instrument of growth | |