Fiscal Policy and Monetary Policy
PART-A Unit-V: Indian Economy and Development Administration in Tamil Nadu
Previous Year Questions (PYQ) for this topic
Every TNPSC question asked from this topic, compiled as a PDF. · PDF 7.9 MB
Indian Economy – Fiscal Policy – PYQ Points
- Objectives of Fiscal Policy: (1) Capital formation, (2) Equitable distribution, and (4) Regional balance are correct.
- Government Final Consumption Expenditure (GFCE) includes: (i) Revenue expenditure and (iii) Consumption of fixed capital.
- Fiscal Policy aims to secure desirable effects in public revenue and expenditure and to prevent undesirable effects on national income, output, and employment.
- Not a tool of fiscal policy: Bank Rate (it belongs to monetary policy).
- Objectives of fiscal policy: (i) Improving the growth performance of the economy and (ii) Ensuring social justice to the people.
- The disinvestment target for the financial year 2019–2020 was fixed at ₹1,05,000 crore.
- Instruments of fiscal policy: (2) Public expenditure, (3) Taxation, and (4) Public debt.
- According to Keynes, fiscal policy aims at stabilisation of the rate of growth.
- The Pre-Budget Economic Survey is conducted under the leadership of the Chief Economic Advisor.
- Match the expenditures with related items:
(a) Capital expenditure – Construction of bridges and hospitals
(b) Revenue expenditure – Salaries, pensions and
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