Question

In which year was the first Economic Survey presented as part of the Union Budget?

• A. 1960-61
• B. 1953-54
• C. 1947-48
• D. 1950-51

Answer 1

Answer:

D. 1950-51

• The first Economic Survey of India was presented as part of the Union Budget in 1950-51.

• Later, starting from 1964, the Economic Survey was separated from the Budget and has since been presented annually, usually a day before the presentation of the Union Budget.

• This allows for a more detailed review of the economic developments in the past year before the government outlines its financial plans for the upcoming fiscal year.