The government policy affecting the personal disposable income of households by making transfers and collecting taxes is known by........... Option 1: Redistribution function. Option 2: Stabilization function. Option 3: Fiscal policy. Option 4: Taxation.

The answer is 'Redistribution function.'. View full solution:

CUET Economics - The government policy affecting the personal disposable income of households by making transfers and collecting taxes is known by........... | PYQs + Solutions

CUET Economics 2025 29 May Shift 2

Macro

Easy

Redistribution function.

Stabilization function.

Fiscal policy.

Taxation.

✅ Correct Option: 1

Related questions:

13 May Shift 1

Goods & Services Tax (GST) is which of the following type of tax?

13 May Shift 2

Match List-I with List-II

List-I	List-II
(A) Public Provision	(I) No feasible way to deny anyone to use public goods.
(B) Stabalisation Function	(II) Goods are produced directly by the government.
(C) Non-Excludable	(III) Financed through the budget and can be used without any direct payment.
(D) Public Production	(IV) Whether to expand demand or reduce it.

Choose the correct answer from the options given below:

CUET Economics 2022 Slot 1

Rs.60000 crore allocated to provide tap water connection to 3.8 crore household. Provision of tap water by the government is an example of: