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    Which one of the following is not an objective of fiscal policy of the Government of India?
    Question

    Which one of the following is not an objective of fiscal policy of the Government of India?


    A.

    Full employment


    B.

    Price stability


    C.

    Regulation of inter-state trade


    D.

    Equitable distribution of wealth and income

    Correct option is C

    • Fiscal policy, as a prime lever of economic stabilisation policy, seeks to influence the level of aggregate demand in the economy in pursuit of the larger societal goals of higher economic growth, full employment, equitable distribution of wealth and income and price stability. 

    • Regulation of interstate trade is not an objective of fiscal policy in India

    ​​

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