Question

Consider the following about the Fiscal Responsibility and Budget Management (FRB

  • M Act, 2003: I.        Macro-Economic Framework Statement II.        Medium-Term Fiscal Policy cum Fiscal Policy Strategy Statement III.        Long Term Fiscal Policy statement IV.        Output Outcome Monitoring Framework V.        Key Features of Budget 2023-24 Which of the above Fiscal Policy Statements mandated under FRBM Act?
A I, II and III only
B II, III and IV only
C I, and II only
D III, IV and V only
E IV and V only
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