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    Question

    Fiscal Policy in India is formulated

    by? 
    A Ministry of Finance Correct Answer Incorrect Answer
    B Planning Commission Correct Answer Incorrect Answer
    C NITI Aayog Correct Answer Incorrect Answer
    D RBI Correct Answer Incorrect Answer
    E SEBI Correct Answer Incorrect Answer

    Solution

    The fiscal policy is concerned with the raising of government revenue and incurring of government expenditure. To generate revenue and to incur expenditure, the government frames a policy called budgetary policy or fiscal policy. So, the fiscal policy is concerned with government expenditure and government revenue.

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