Question

Identify which one of the following is wrongly matched:

• A. Foreign exchange - Currency or bonds of another country.
• B. HYV seeds - Seeds that give large proportion of output.
• C. Equity - Shares in the paid up capital or stock of a company whose holders are considered as owners with certain rights.
• D. Gratuity - The use of taxation and government expenditure to regulate the economic activities.

Hint:

Gratuity is an employee benefit, while fiscal policy refers to government strategies on taxation and spending to manage the economy.

Answer 1

The Correct Option is D

Option 4 is wrongly matched. Gratuity is a payment made by an employer to an employee who is leaving the company after a certain number of years of service. The description in Option 4 is more aligned with Fiscal Policy, which involves the use of taxation and government expenditure to regulate economic activities.
Thus, the correct answer is (4) Gratuity - The use of taxation and government expenditure to regulate the economic activities.