Briefly discuss Kautilya’s views on Financial Administration.

Kautilya, also known as Chanakya, was a renowned Indian economist and political strategist who lived in the 4th century BCE. He authored the famous treatise Arthashastra, which encompasses a wide range of subjects such as economics, governance, diplomacy, and military strategy. In his works, Kautilya discusses the principles and practices of financial administration, which were relevant during his time and continue to have relevance today.

Kautilya believed that the king's primary objective was to maximize the state's revenue and ensure its proper utilization for the welfare of ___ ________ ________ _________ __________ ____ __________ ______ ________.
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