1. Economic growth of the Country
  2. Increase the employment opportunity
  3. Ensuring high rate of capital formulation.
  4. Re-allocation of resources to ensure the achievements of nation’s socio-economic goals.
  5. To achieve favorable balance of payment.
  6. Reduction of Economic inequity.
  7. To achieve the goal of Economic equity.

 

 

Instrument of Fiscal Policy are taxation, public borrowing and expenditure.  In the taxation policy government make progressive and regressive both types of taxes so that the revenue of the government may increase and public expenditure, taxes effect the economic conditions or development in an country.   effect of fiscal policy on Income and rate of interest.

Advertisement

 

Advertisement
The following two tabs change content below.
We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to [email protected]
0 Comments

Leave a reply

Your email address will not be published. Required fields are marked *

*

*

BMS.co.in is aimed at revolutionising Bachelors in Management Studies education, also known as BMS for students appearing for BMS exams across all states of India. We provide free study material, 100s of tutorials with worked examples, past papers, tips, tricks for BMS exams, we are creating a digital learning library.

Disclaimer: We are not affiliated with any university or government body in anyway.

©2019 BMS - Bachelor of Management Studies Community 

A Management Paradise Venture

Ask Us On WhatsApp
or

Log in with your credentials

or    

Forgot your details?

or

Create Account