Question : The Economic Survey of India is presented annually by which organization?
Option 1: Reserve Bank of India (RBI)
Option 2: Ministry of Finance
Option 3: Securities and Exchange Board of India (SEBI)
Option 4: Planning Commission
Correct Answer: Ministry of Finance
Solution : The correct answer is (b) Ministry of Finance.
The Economic Survey of India is a flagship document that provides an assessment of the country's economic performance, highlights key policy issues, and offers policy recommendations. It is prepared by the Economic Division of the Department of Economic Affairs, Ministry of Finance.
The Economic Survey is typically presented in the Indian Parliament a day before the Union Budget is presented. It serves as a valuable source of information and analysis for policymakers, economists, researchers, and the general public, offering insights into the state of the Indian economy, emerging trends, and policy challenges.