n NISM Certifications
XV NISM Series XV
Medium

Who is responsible for managing the fiscal policy of India?

Practice question from NISM XV Mock Test 5 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Central Bank (RBI)

  2. Central Government

    Correct answer

  3. C

    Capital Market Regulator (SEBI)

  4. D

    EXIM Bank of India

Why this is the answer

Fiscal policy relating to taxation and government spending is managed by the central government.

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