HomeTestsSearchRankProfile
mediumMCQPublic Finance in India2026Economy
1 mark

Which among the following formulates fiscal policy?

  1. A
    RBI
  2. B
    Finance Ministry
  3. C
    SEBI
  4. D
    Planning Commission

Solution & Step-by-step Explanation

In India, fiscal policy deals with government revenue generation (taxation) and expenditure programs, and it is formulated by the Ministry of Finance. Conversely, monetary policy is managed independently by the Reserve Bank of India (RBI).

Practice this question

Try it yourself before checking the explanation above.

Which among the following formulates fiscal policy?
A
RBI
B
Finance Ministry
C
SEBI
D
Planning Commission

Share This Question

Fiscal PolicyFinance MinistryMacroeconomic Management

Related Questions

easyMCQ

Which one of the following statements is true?

easyMCQ

Which of the following statements is not correct?

easyMCQ

Which one of the following statements is correct?

easyMCQ

The product formed by the reaction of an aldehyde with a primary amine is:

easyMCQ

Which part of the tobacco plant is infected by Meloidogyne incognita?

easyMCQ

The term ecosystem was coined by:

Ready for a Full Test?

Practice with timed mock tests and track your performance across Economy.

Browse TestsLeaderboard

Discussion