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Which one among the following formulates the fiscal policy in India ?

  • Planning Commission
  • Finance Commission
  • The Reserve Bank of India
  • Ministry of Finance

Answer: Option D

Similar Questions :

1. First five year plan was based on ?

  • Herold -Domar Model
  • P.C. Mahalanobis Model
  • Both of above
  • None of above

Answer: Option A

Explanation:

Second five year plan (1956-1961) was based on P.C. Mahalanobis Model.

2. Devaluation of currency leads to ?

  • fall in domestic prices
  • increase in domestic prices
  • cant be predicted
  • None of above

Answer: Option B

3. First Regional Rural Bank came into existence in,

  • 1973
  • 1974
  • 1975
  • 1976

Answer: Option C

Explanation:

First Rural Bank was established on 2nd Oct 1975.

4. Short-term finance is usually for a period ranging up to

  • 6 months
  • 1 Year
  • 2 Years
  • 5 Years

Answer: Option B

5. Abid Husain Committee is related to ?

  • Reform in taxes
  • Reform in government projects
  • Reform in small industries
  • Reform in middle level industries

Answer: Option C

Read more from - Indian Economy Questions Answers
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