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UPSC Economics Business and Foreign Trade / व्यापार और विदेश व्यापार Question Bank Fiscal and Monetary Policy

  • question_answer
          Fiscal Policy in India is formulated by

    A) the Reserve Bank of India

    B) the Planning Commission

    C) the Finance Ministry

    D) the Securities and Exchange Board of India

    Correct Answer: C

    Solution :

    The Department of Economic Affairs (DEA) under Ministry of Finance is the nodal agency of the Union Government to formulate and monitor country?s economic policies and programmes having a bearing on domestic and international aspects of economic management.


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