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    Question

    Consider the following statements: 1. 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. 2. 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. Which of the statements given above is/are correct?
    A 1 only Correct Answer Incorrect Answer
    B 2 only Correct Answer Incorrect Answer
    C Both 1 and 2 Correct Answer Incorrect Answer
    D Neither 1 nor 2 Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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