2006-10-04 18:56:22 · 5 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
Fiscal policy is the economic term which describes the actions of a government in setting the level of public expenditure and how that expenditure is funded.
So it is basically taxation and budgets.
Best wishes.
2006-10-04 19:16:14 · answer #1 · answered by JQT 6 · 0⤊ 0⤋
Fiscal policies and Monitory policies are taken jointly by the reserve Bank of India and controlled by the Central Government .
It is other wise called Open market Operation.
Fiscal = Measures Other than Money (Monitory control)
Central Govt. and Reserve Bank of India jointly making measures to control Inflation and deflation.
Fiscal measures are taken over Government Financial Institutions and monetary measures are taken over commercial banks to check over / under flow of fund to the market.
2006-10-05 02:22:21 · answer #2 · answered by Ajubhai. 2 · 0⤊ 0⤋
The tax and spending policies of the government. This is different from the monetary policy which relates to how much money is in circulation.
2006-10-05 02:04:09 · answer #3 · answered by Anonymous · 0⤊ 0⤋
fiscal means year so what policies does the country have to implement within a year...
2006-10-05 02:04:22 · answer #4 · answered by Anonymous · 0⤊ 0⤋
This is how a government decides on what priorities to spend "your" money!
2006-10-05 02:05:13 · answer #5 · answered by expatriot1000 4 · 0⤊ 0⤋