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    Question

    Which of the following is/are not correct in regards to the Economic Survey of India?

    1. It is prepared by the Economics Division of the Department of Economic Affairs (DEA)
    2. It is prepared under the guidance of the Finance Minister
    3. The first Economic Survey in India was presented as part of the Union Budget

    A 1 only Correct Answer Incorrect Answer
    B 2 only Correct Answer Incorrect Answer
    C 3 only Correct Answer Incorrect Answer
    D 1 & 2 Correct Answer Incorrect Answer
    E 2 & 3 Correct Answer Incorrect Answer

    Solution

    It is prepared by the Economics Division of the Department of Economic Affairs (DEA) under the guidance of the Chief Economic Advisor. It reviews the developments in the Indian economy over the previous 12 months and presents the economic outlook for the current fiscal year. The first Economic Survey in India was presented in the year 1950-51 as part of the Union Budget

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