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SSC GD 2019 PYQ — Question 28

SSC GD Constable (English) - 9th March 2019 Shift 2 • General Awareness • Q28

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How are Fiscal Policy and the Federal Reserve similar?

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Correct answer: B

Explanation

The correct answer is option 2 i.e. They both try to promote economic stability.

1. Fiscal policy refers to the tax and spending policies of the federal government.

2. The Federal Reserve monitors risks to the financial system.

3. Similarity: They both try to promote economic stability.