Question

The term "fiscal prudence" in the context of the NPS review committee refers to:

Q: Answer-The term 'fiscal prudence' in the context of the NPS review committee refers to:

Fiscal prudence generally refers to responsible financial management by the government, which includes ensuring that spending remains within the limits of available resources and avoiding excessive debt accumulation.

A Prioritizing short-term economic gains over long-term stability.

B Ensuring that government spending does not exceed revenue.

C Implementing austerity measures to reduce government debt.

D Striking a balance between social welfare spending and economic growth.

E Maintaining a stable exchange rate and controlling inflation.

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The term "fiscal prudence" in the context of the NPS review committee refers to:

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