The correct answer is: A) Ministry of Finance.
The Ministry of Finance is the government body responsible for formulating economic policies in India. It is headed by the Finance Minister, who is a member of the Union Cabinet. The Ministry is responsible for formulating and implementing the government’s fiscal policy, which includes taxation, public expenditure, and borrowing. It is also responsible for managing the country’s foreign exchange reserves and for overseeing the financial sector.
The Reserve Bank of India (RBI) is the central bank of India. It is responsible for formulating and implementing monetary policy, which includes setting interest rates and managing the money supply. The RBI is also responsible for regulating the banking sector and for issuing currency.
NITI Aayog is a policy think tank of the Government of India. It was set up in January 2015 by the then Prime Minister Narendra Modi to replace the Planning Commission. NITI Aayog is responsible for providing strategic and policy advice to the central government on matters of economic and social development.
The Securities and Exchange Board of India (SEBI) is the regulator of the Indian securities market. It is responsible for protecting the interests of investors and for promoting the development of the securities market. SEBI is also responsible for regulating the activities of stock exchanges, brokers, and other market participants.