ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONETARY POLICY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is not a goal of fiscal and monetary policy?
A
Full employment
B
Investment in human capital
C
Economic Growth
D
Price Stability
Explanation: 

Detailed explanation-1: -The correct answer is A) fair wages. Fair wages are not a goal of monetary policy.

Detailed explanation-2: -To increase liquidity in economy is not the main objective of Fiscal Policy in India.

Detailed explanation-3: -The overarching goal of both monetary and fiscal policy is normally the creation of an economic environment where growth is stable and positive and inflation is stable and low.

Detailed explanation-4: -Balancing the federal budget. Balancing the federal budget is not one of the main goals of monetary policy. Monetary policy is implemented by central banks to promote economic stability and growth within the economy.

There is 1 question to complete.