Question : The Economic Survey of India is prepared by the:
Option 1: Ministry of Finance
Option 2: Reserve Bank of India (RBI)
Option 3: Planning Commission of India
Option 4: Ministry of Commerce and Industry
Correct Answer: Ministry of Finance
Solution : The correct answer is (a) Ministry of Finance
The Economic Survey of India is prepared by the Ministry of Finance. It is an annual document that presents the state of the Indian economy, including an assessment of the current economic situation, key developments, policy recommendations, and future prospects.
The Ministry of Finance is responsible for managing the economic and financial affairs of the country. It formulates and implements fiscal policies, monetary policies, and other economic policies to support sustainable and inclusive economic growth. The Economic Survey is one of the important tools used by the Ministry of Finance to assess and communicate the economic performance and policy priorities of the Indian economy.