Question

Which of the following statements is/are correct in regards to the Economic Survey of India?

1.It is mandatory for the government to present the Economic Survey under article 112 of Indian Constitution

2.The 1st Economic Survey was presented by RK Shanmukham Chetty in 1947

3.The First Economic Survey was submitted and presented in Rajya Sabha

A 1 only Correct Answer Incorrect Answer
B 2 only Correct Answer Incorrect Answer
C 3 only Correct Answer Incorrect Answer
D All Correct Answer Incorrect Answer
E None Correct Answer Incorrect Answer

Solution

It is not mandatory for the government to present the Economic Survey and its recommendations are not binding on the government either. The First Economic Survey was submitted and presented in Lok Sabha in the year 1950-51.

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