Which entity oversees the economic policy and financial regulations in India?

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The Department of Economic Affairs is responsible for overseeing the economic policy and financial regulations in India. This entity plays a crucial role in formulating and monitoring the implementation of the government's economic policies, including those related to public finance, fiscal policy, and developing infrastructure. It assists in maintaining macroeconomic stability and promoting sustainable economic growth, which includes managing national debt, handling foreign investment, and managing foreign exchange and trade. By focusing on economic affairs, this department ensures that policies are aligned with the goals of financial stability and economic development.

The other entities listed do not have the same emphasis on economic policy and financial regulation. For example, the Ministry of Corporate Affairs primarily deals with corporate governance, company law, and enforcement of corporate regulations, whereas the Department of Expenditure focuses on the government's budgetary and expenditure policies. The Ministry of Home Affairs is more concerned with internal security and law enforcement, not economic management. Thus, it is clear why the Department of Economic Affairs is the correct answer in this context.

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