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Question

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

  1. The first Economic Survey of India was released in 1947-48 as part of the Union Budget
  2. After 1964, it was split from the Budget and delivered each year during the Budget Session, prior to the presentation of the budget
  3. Economic survey of India 2021-22 was published in 1 volume

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

Solution

The first Economic Survey of India was released in 1950-51 as part of the Union Budget. After 1964, it was split from the Budget and delivered each year during the Budget Session, prior to the presentation of the budget. It reviews the developments in the Indian economy over the previous 12 months and presents the economic outlook for the current fiscal year. Economic survey of India 2021-22 was published in 1 volume and this year it is published in 3 volumes.

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