Regarding Asset Monetization (AM), consider the following statements: 1. The idea of AM was first suggested by a committee led by economist Vijay Kelkar in 2012. 2. AM was announced in the Union Budget 2015-16 through the National Monetisation Pipeline. Which of the statements above is/are correct?

With reference to the Finance Commission of India, consider the following statements: 1. The Finance Commission is a statutory body. 2. The Finance Commission was set up under Article 280 of the Cons…

Consider the following events : 1. Establishment of the Planning Commission 2. Formation of the National Development Council (NDC) 3. Approval of the First Five-Year Plan by the NDC 4, Constitution o…

Consider the following statements with regard to the Planning Commission (PC) and Finance Commission (FC) and state which of these statements is not correct.

Consider the following statements about the latest developments in the Union Government finances : 1. The fiscal deficit of the Union Government had reached 9.2 percent of GDP during the pandemic FY2…

Regarding Money Bill, which of the following statements is not correct?