Fiscal policy and its different instruments


Question 1: What is meant by the term mixed economy? Highlighting its salient features, and also describe how it helped in developing industrial infrastructure in India?

Question 2: What do you mean by the term fiscal policy? Explain different instruments of fiscal policy in India.

Question 3:

a) Outline the causes of industrial sickness.
b) Assess the policy of public sector reforms.

Question 4: Differentiate between the following:

a) Economic and non-economic environments of business.
b) Public sector and private sector.

Question 5: Write short notes on the given terms:

a) Major components of India’s exports.
b) Significance of small scale sector in India’s economy.
c) The concept of collective bargaining.
d) Consumer rights.

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Business Economics: Fiscal policy and its different instruments
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