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Answer : 3. "Ministry of Finance"
Who among the following formulates the fiscal policy in India?
5Q:
Who among the following formulates the fiscal policy in India?
- 1RBIfalse
- 2SEBIfalse
- 3Ministry of Financetrue
- 4NITI Aayogfalse
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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.