WBCS.LIVE practice question

Which of the following are the major objectives of governments engaged in the budgetary process in India? I. Stabilising the level of aggregate demand in the economy. II. Redistributing incomes of people as per constitutional principles. III. Floating schemes to appeal to citizens in a democratic way on a regular basis. IV. Allocating funds to various economic activities.

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Only I, II and III
  2. Only I and II
  3. Only I, II and IV
  4. All I, II, III and IV

Correct answer and explanation

Correct answer: Only I, II and IV