Which of the following is NOT a objective of fiscal policy?
A. Economic growth
B. Control of money supply
C. Price stability
D. Full employment
Answer: Option B
Solution (By JKSSB Mock Tests)
Control of money supply is the objective of monetary policy. Fiscal policy aims at economic growth, price stability, full employment and equitable distribution of income.
Explanation:
Commercial banks accept demand deposits (current accounts), savings deposits and time (fixed) deposits. Equity deposits are not a standard category of bank deposits.
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