EPFO APFC 2023 • General Studies • Q.58

EPFO APFC • General Studies • 2023 • Q.58

Indian EconomyMedium

58. Consider the following statements :

The Department of Economic Affairs is a nodal agency of the Government of India to formulate and monitor the country's economic policies and programmes that have a bearing on the domestic and international aspects of economic management.

The principal responsibility of the Department of Economic Affairs is the preparation and presentation of the Union Budget (including the Railway Budget) before the Parliament, and the Budgets for Union Territories and States under the President's Rule.

Select the correct answer using the code given below.

2023 EPFO APFC • General Studies

Q.57 Q.59

Syllabus Connection

Fiscal/Monetary Policy & Financial System: Fiscal policy (budget, fiscal deficit), monetary policy (tools, RBI functions), banking system & NBFCs, Finance Commission (functions & role). (APFC)

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