Fiscal Policy Quiz

Fiscal Policy Quiz

University

15 Qs

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Fiscal Policy Quiz

Fiscal Policy Quiz

Assessment

Quiz

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University

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Created by

OMKAR EDULAKANTI

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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fiscal policy is related to:

Money supply and interest rates

Government revenue and expenditure

Balance of payments

Export and import

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The main objective of fiscal policy is to:

Promote foreign trade

Regulate stock markets

Achieve economic stability and growth

Control money supply

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a tool of fiscal policy?

Taxation

Public expenditure

Open market operations

Public debt

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Fiscal policy in India is formulated by:

Reserve Bank of India

Ministry of Finance

NITI Aayog

Planning Commission

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Increasing public expenditure and reducing taxes during recession is an example of:

Contractionary fiscal policy

Expansionary fiscal policy

Neutral fiscal policy

Balanced fiscal policy

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Contractionary fiscal policy is used to:

Boost demand in the economy

Reduce inflation

Increase public debt

Raise employment

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following would be used in an expansionary fiscal policy?

Increase in taxes

Decrease in government spending

Increase in subsidies and transfer payments

Increase in interest rates

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