BANKING AFFAIRS

Detailed explanation-1: -Fiscal Policy is concerned with public revenue and public expenditure and debt. Fiscal policy helps to ensure economic stability and economic growth. During inflation, revenue is decreased.

Detailed explanation-2: -Fiscal policy is the use of government spending and taxation to influence the economy. Governments typically use fiscal policy to promote strong and sustainable growth and reduce poverty.

Detailed explanation-3: -Fiscal policy is concerned with public revenue, public expenditure, and debt. Fiscal policy is the part of government economic policy which deals with, expenditure, taxation, borrowing and the management of public debt in the economy. It is basically concerned with the flow of funds in the economy.

Detailed explanation-4: -In economics and political science, fiscal policy is the use of government revenue collection (taxes or tax cuts) and expenditure to influence a country’s economy.

Detailed explanation-5: -Fiscal policy is related with public revenue and public expenditure.