Which one of the following is aimed at supplying those goods and services to the disadvantaged and marginalised sections of society which are bare minimum but essential in nature ?
[amp_mcq option1=”Long-term policy” option2=”Short-term policy” option3=”Industrial policy” option4=”Fiscal policy” correct=”option4″]
This question was previously asked in
UPSC SO-Steno – 2018
Fiscal policy involves the government’s use of taxation and spending to influence the economy. Providing essential goods and services (like subsidized food, healthcare, housing, education) to disadvantaged groups is primarily done through government expenditure, which is a component of fiscal policy. These are welfare measures funded through the government budget.