Question
The FRBM Act was enacted in which
year?Solution
The Fiscal Responsibility and Budget Management Act, 2003 aims to institutionalize fiscal discipline and reduce the deficit-to-GDP ratio through transparent budgeting.
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A certain sum is invested at a simple interest rate of 10% per annum for a certain period. If the sum becomes five times the principal at the end of the...
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What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound interest?
If Rs. 12000 is invested at a simple interest at the rate of 5% p.a., Rs. 4800 is obtained as interest in certain years. In order to earn Rs. 6400 as i...
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