Q. With reference to the Fiscal Health Index (FHI), consider the following statements:
1.It was introduced by NITI Aayog.
2.It provides a framework to evaluate the fiscal performance of all Indian States and Union Territories.
3.In the 2026 Fiscal Health Index, among the North-Eastern and Himalayan states, Meghalaya topped the index.
How many of the statements given above is/are correct?
Answer: A
Notes:
Explanation: The Fiscal Health Index (FHI) was introduced by NITI Aayog, hence statement 1 is correct. The index evaluates 18 major states and 10 North-Eastern and Himalayan states, not all States and Union Territories; therefore statement 2 is incorrect. In the 2026 Fiscal Health Index, Arunachal Pradesh, not Meghalaya, topped among the North-Eastern and Himalayan states, making statement 3 incorrect.
Source- PIB
