Class XII

In India, which one among the following formulates the fiscal policy?
  1. Planning Commission
  2. Ministry of Finance
  3. Finance Commission
  4. The Reserve Bank of India
On July 12, 1982, the ARDC was merged into
  1. RBI
  2. NABARD
  3. EXIM Bank
  4. None of the above
Regional rural banks have limited area of operation have free access to liberal refinance facilities from NABARD are required to lend only to weaker sections
  1. I, III
  2. . II, III
  3. I, II, III
  4. I, II
. States earn maximum revenue through
  1. land revenue
  2. custom revenue
  3. . commercial taxes
  4. excise duties on intoxicants
. Redistribution polices geared to reduce economic inequalities include
  1. progressive tax policies
  2. land reforms
  3. rural development policies
  4. All the above
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