Which of the following statements is incorrect about Economic Survey?
Answer
Correct Answer : c ) Until 1971, it was presented along with the budget.
Explanation :Economic Survey is a detailed report of the state of the economic in the closing financial year. It is released by Chief Economic Advisor and is prepared by economic division of Department of Economic Affairs. The survey is approved by the Finance Minister.
The first economic survey was presented for 1950-51 and until 1964, it was presented along with the budget.
Between 2010-11 and 2020-21, the survey was presented in two volumes but again in 2021-22, the survey was presented in single volume format. The survey is presented one day before the budget i.e. on 31 January.
Hence, option (c) is correct.
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