New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    In which year FRBM Act was enacted

    ?
    A 2002 Correct Answer Incorrect Answer
    B 2003 Correct Answer Incorrect Answer
    C 2004 Correct Answer Incorrect Answer
    D 2005 Correct Answer Incorrect Answer

    Solution

    The FRBM Act is a law enacted by the Government of India in 2003 to ensure fiscal discipline – by setting targets including reduction of fiscal deficits and elimination of revenue deficit.

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