Question

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

Q: Answer-Consider the following about the Fiscal Responsibility and Budget Management (FRBM) Act, 2003: I. ...

Fiscal Policy Statements mandated under FRBM Act i. Macro-Economic Framework Statement ii. Medium-Term Fiscal Policy cum Fiscal Policy Strategy Statement iii. Fiscal Policy Strategy statement

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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