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Consider the following statements about the tools of Economic Stabilisation in India :1. Fiscal policy is a policy under which the government uses taxation and public expenditure toachieve various objectives of economic policy.2. Monetary policy is a policy under which the Central Bank uses money supply and interest ratesto achieve macroeconomic objectives.3. The decrease in government expenditure is likely to cause a crowding-out effect on the economyWhich of the above statement is/are correct ?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements about the tools of Economic Stabilisation in India :1. Fiscal policy is a policy under which the government uses taxation and public expenditure toachieve various objectives of economic policy.2. Monetary policy is a policy under which the Central Bank uses money supply and interest ratesto achieve macroeconomic objectives.3. The decrease in government expenditure is likely to cause a crowding-out effect on the economyWhich of the above statement is/are correct ?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements about the tools of Economic Stabilisation in India :1. Fiscal policy is a policy under which the government uses taxation and public expenditure toachieve various objectives of economic policy.2. Monetary policy is a policy under which the Central Bank uses money supply and interest ratesto achieve macroeconomic objectives.3. The decrease in government expenditure is likely to cause a crowding-out effect on the economyWhich of the above statement is/are correct ?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer?.

Solutions for Consider the following statements about the tools of Economic Stabilisation in India :1. Fiscal policy is a policy under which the government uses taxation and public expenditure toachieve various objectives of economic policy.2. Monetary policy is a policy under which the Central Bank uses money supply and interest ratesto achieve macroeconomic objectives.3. The decrease in government expenditure is likely to cause a crowding-out effect on the economyWhich of the above statement is/are correct ?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

Here you can find the meaning of Consider the following statements about the tools of Economic Stabilisation in India :1. Fiscal policy is a policy under which the government uses taxation and public expenditure toachieve various objectives of economic policy.2. Monetary policy is a policy under which the Central Bank uses money supply and interest ratesto achieve macroeconomic objectives.3. The decrease in government expenditure is likely to cause a crowding-out effect on the economyWhich of the above statement is/are correct ?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Consider the following statements about the tools of Economic Stabilisation in India :1. Fiscal policy is a policy under which the government uses taxation and public expenditure toachieve various objectives of economic policy.2. Monetary policy is a policy under which the Central Bank uses money supply and interest ratesto achieve macroeconomic objectives.3. The decrease in government expenditure is likely to cause a crowding-out effect on the economyWhich of the above statement is/are correct ?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Consider the following statements about the tools of Economic Stabilisation in India :1. Fiscal policy is a policy under which the government uses taxation and public expenditure toachieve various objectives of economic policy.2. Monetary policy is a policy under which the Central Bank uses money supply and interest ratesto achieve macroeconomic objectives.3. The decrease in government expenditure is likely to cause a crowding-out effect on the economyWhich of the above statement is/are correct ?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Consider the following statements about the tools of Economic Stabilisation in India :1. Fiscal policy is a policy under which the government uses taxation and public expenditure toachieve various objectives of economic policy.2. Monetary policy is a policy under which the Central Bank uses money supply and interest ratesto achieve macroeconomic objectives.3. The decrease in government expenditure is likely to cause a crowding-out effect on the economyWhich of the above statement is/are correct ?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Consider the following statements about the tools of Economic Stabilisation in India :1. Fiscal policy is a policy under which the government uses taxation and public expenditure toachieve various objectives of economic policy.2. Monetary policy is a policy under which the Central Bank uses money supply and interest ratesto achieve macroeconomic objectives.3. The decrease in government expenditure is likely to cause a crowding-out effect on the economyWhich of the above statement is/are correct ?a)1 and 2 onlyb)2 and 3 onlyc)1 and 3 onlyd)1, 2 and 3Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice UPSC tests.