Indian Polity · Polity

Which body determines the Net Borrowing Ceiling (NBC) of States for each financial year in India?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Reserve Bank of India
2Department of Expenditure, Ministry of Finance✓
3Comptroller and Auditor General of India
4Finance Commission

Correct answer

Department of Expenditure, Ministry of Finance

Download Single Question PDF

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Share with Friends & Study Groups

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Preparing for Indian Polity?

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Start Free Mock Test →

Chapter Practice

Want more practice questions on Polity?

Solve complete topic-wise tests with detailed solutions on GkGet.

Practice Polity MCQs →

Recommended practice questions in Indian Polity · Polity

Browse More Indian Polity →

Which of the following events is considered a major turning point that fueled Indian nationalism during British rule due to its brutal nature and widespread condemnation?

Solve Question→

Which of the following events is considered the first major peasant uprising against the British in India?

Solve Question→

Which body determines the Net Borrowing Ceiling (NBC) of States for each financial year in India?

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Indian Polity?

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions

Which body determines the Net Borrowing Ceiling (NBC) of States for each financial year in India?

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Indian Polity?

Related Practice Questions

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions