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Which of the following formulates the Fiscal Policy?

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

Solution & Step-by-step Explanation

The Fiscal Policy in India is formulated and implemented by the Ministry of Finance, Government of India, using taxation, public expenditure, and public debt mechanisms. The RBI formulates Monetary Policy.

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Which of the following formulates the Fiscal Policy?
A
RBI
B
Ministry of Finance
C
SEBI
D
Planning Commission

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EconomicsPublic FinanceFiscal Policy

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