Question : Tax reform refers to improvements in the taxation and public expenditure policies of the government, which are collectively called__________.

Option 1: fiscal policy

Option 2: fiscal reforms

Option 3: financial reforms

Option 4: financial policy


Team Careers360 10th Jan, 2024
Answer (1)
Team Careers360 22nd Jan, 2024

Correct Answer: fiscal policy


Solution : The correct answer is fiscal policy.

Tax reform refers to improvements in the taxation and public expenditure policies of the government, which are collectively called "fiscal policy." Fiscal policy encompasses government decisions regarding taxation, public spending, and overall economic management to achieve desired macroeconomic outcomes.

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