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Question : The process of allocating government resources in order to meet the goals and objectives of the government is known as:

Option 1: Fiscal policy
 

Option 2: Monetary policy
 

Option 3: Budgetary policy

 

Option 4: Industrial policy


Team Careers360 12th Jan, 2024
Answer (1)
Team Careers360 16th Jan, 2024

Correct Answer: Budgetary policy

 


Solution : The correct answer is (c) Budgetary policy.

The process of allocating government resources in order to meet the goals and objectives of the government is known as budgetary policy. It involves making decisions on how the government will allocate its funds among different sectors, programs, and services. Budgetary policy is an important tool for achieving economic and social objectives, and it plays a crucial role in shaping the overall fiscal policy of a country.


 

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