What do you understand by the term Fiscal Policy?

1. It delineates the amount of money; the government withdraw from or feed into the economy.

2. It deals with the budget, especially with respect to taxation and borrowing.

3. It deals with how much is to be raised and how it has been raised.

4. It deals with the way the finances so raised are used.

Select the correct answer using the code given below:-

1
1, 2 and 3 only
2
2, 3 and 4 only
3
1, 2 and 4 only
4
All of the above

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