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Question

61. Consider the following statements:
1. Economic Advisory Council is a non-permanent, statutory body.
2. It is a five member body headed by Prime Minister.
3. The council will address issues of macroeconomic importance and present its views to the prime minister either suo-motu or on reference from the prime minister or anyone else.
Which of the above statement(s) is/are correct? 
  1. Only 1 and 2
  2. Only 2 and 3
  3. Only 3
  4. All of the above


Solution

The correct option is C Only 3
Economic Advisory Council is a non-constitutional, non-permanent and independent body constituted to give economic advice to the Prime Minister. Bibek Debroy has been appointed as the chairman of the council.

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