Question Detail Which one among the following formulates the fiscal policy in India ? Planning CommissionFinance CommissionThe Reserve Bank of IndiaMinistry of Finance Answer: Option D Similar Questions : 1. Which state has the highest Per Capita Income in India ? DelhiPunjabBiharWest Bengal Answer: Option B 2. National Development Council was constituted on 2 August, 19526 August, 19528 August, 195212 August, 1952 Answer: Option B 3. General Insurance Corporation (GIC) was established in ? 1971197219731974 Answer: Option BExplanation:General Insurance Corporation (GIC) was established in November 1972. 4. Industrial Finance Corporation of India (IFCI) was established in : 1946194719481949 Answer: Option CExplanation:Industrial Finance Corporation of India (IFCI) was established in 1948, Its main functions are Project Finance and Promotional services. 5. Which five year plan focused on "Growth with social justice and equity". Ninth Five Year PlanEight Five Year PlanSeventh Five Year PlanSixth Five Year Plan Answer: Option A Read more from - Indian Economy Questions Answers