Q. Military fiscalism denotes:
(a) Army reform
(b) New and centralized tax arrangements
(c) Centralized bureaucracy
(d) Revenue farming
Ans: (b) New and centralized tax arrangements
Explanation: The correct answer is (b) New and centralized tax arrangements.
Military fiscalism refers to the implementation of new and centralized tax arrangements for the purpose of financing military expenses. It involves the establishment of fiscal systems that are primarily focused on generating revenue to support military activities and maintain armed forces. This often includes the imposition of new taxes, the centralization of tax collection, and the creation of administrative structures to manage and allocate these funds for military purposes. The term highlights the close relationship between military needs and fiscal policies.
