Question : The stabilisation function of the government budget mainly includes _____.
Option 1: allocation of resources.
Option 2: intervention to expand or reduce the demand.
Option 3: production of public goods.
Option 4: distribution of income in society in a fair way.
New: SSC CHSL Tier 2 answer key released | SSC CHSL 2024 Notification PDF
Recommended: How to crack SSC CHSL | SSC CHSL exam guide
Don't Miss: Month-wise Current Affairs | Upcoming government exams
Correct Answer: intervention to expand or reduce the demand.
Solution : The correct answer is the intervention to expand or reduce the demand .
The goal of a stabilisation policy is to contain wild fluctuations in the GDP (gross domestic product) of the country and to restrain sharp increases or decreases in it. Healthy employment rates typically follow the stabilisation of these factors. The role of governments is to set the direction and pace of the nation's economic activity. In addition, it must guarantee price stability, strong employment, and steady growth. Governments must also modify spending and tax rates to change the pace of economic growth.
Related Questions
Know More about
Staff Selection Commission Combined High ...
Result | Eligibility | Application | Admit Card | Answer Key | Preparation Tips | Cutoff
Get Updates Brochure
Your Staff Selection Commission Combined Higher Secondary Level Exam brochure has been successfully mailed to your registered email id “”.
