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Q:

Who among the following formulates the fiscal policy in India?

  • 1
    RBI
  • 2
    SEBI
  • 3
    Ministry of Finance
  • 4
    NITI Aayog
  • Show Answer
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Answer : 3. "Ministry of Finance"
Explanation :

The correct answer is the Ministry of Finance. In India, fiscal policy is formulated by the Ministry of Finance through its budget proposals.

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