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Question
Fiscal Policy in India is formulated by
Options:
A .  the Reserve Bank of India
B .  the Securities and Exchange Board of India
C .  the Planning Commission
D .  the Finance Ministry
Answer: Option D
Answer: (d)The Department of Economic Affairs (DEA) under Ministry of Finance is the nodal agency of the Union Government to formulate and monitor country’s economic policies and programmes having a bearing on domestic and international aspects of economic management.

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