What is the term for the government policy that governs revenue and expenditure?  A. Monetaory Policy  B. Credit Control Policy  C. Fiscal Policy  D. CRR

Step 1: Identify the Question

The question asks for the term related to government policy that influences revenue and expenditure.

Step 2: Evaluate the Options

1. Monetary Policy: This refers to the process by which the central bank manages the money supply and interest rates to influence the economy.
2. Credit Control Policy: This typically involves measures taken to regulate and control credit in the economy, often seen in the context of banking.
3. Fiscal Policy: This term specifically relates to government spending and taxation decisions that affect the economy.
4. CRR (Cash Reserve Ratio): This is a regulatory requirement for banks to maintain a certain fraction of their deposits as reserves with the central bank.

Step 3: Determine the Correct Answer

Given the definitions, the correct term for the government policy that governs revenue and expenditure is Fiscal Policy.

Final Answer

C. Fiscal Policy