CUET Economics PYQs

Budgetary deficits must be financed by either taxation, borrowing or printing money. Governments have mostly relied on borrowing, giving rise to......

Which of the following can help to reduce the Fiscal Deficit?

The intervention of the government, whether to expand demand or reduce it, constitutes the ............... function.

1. Public production
2. Allocation
3. Redistribution
4. Stabilisation