Given below are two statements. Statement (I) : Monetary policy causes a deliberate change in government revenue and expenditure with a view to influencing the price level and the quantum of national output. Statement (II) : Fiscal Policy regulates the money supply and the cost and availability of credit. In the light of the above statements. choose the most appropriate answer from the options given below :

Question

Given below are two statements. Statement (I) : Monetary policy causes a deliberate change in government revenue and expenditure with a view to influencing the price level and the quantum of national output. Statement (II) : Fiscal Policy regulates the money supply and the cost and availability of credit. In the light of the above statements. choose the most appropriate answer from the options given below :

TuteeHUB · Accepted Answer

Statement (I) is correct but Statement (II) is incorrect

TuteeHUB · Answer

Both Statement (I) and Statement (II) are correct

TuteeHUB · Answer

Both Statement (I) and Statement (II) are incorrect

TuteeHUB · Answer

Statement (I) is incorrect but Statement (II) is correct

1.	Given below are two statements. Statement (I) : Monetary policy causes a deliberate change in government revenue and expenditure with a view to influencing the price level and the quantum of national output. Statement (II) : Fiscal Policy regulates the money supply and the cost and availability of credit. In the light of the above statements. choose the most appropriate answer from the options given below :
A.	Both Statement (I) and Statement (II) are correct
B.	Both Statement (I) and Statement (II) are incorrect
C.	Statement (I) is correct but Statement (II) is incorrect
D.	Statement (I) is incorrect but Statement (II) is correct
Answer» C. Statement (I) is correct but Statement (II) is incorrect

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