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      Question

      Which of the following provisions are correct

      in regards to FRBM Act 2.0? the FRBM act requires the government to limit the fiscal deficit to 3% of the GDP by March 31, 2021 The debt of the central government to 30% of the GDP by 2024-25. The Act is to ensure intergenerational equity by reducing the debt burden of the future generation.
      A 1& 2 Correct Answer Incorrect Answer
      B 2 & 3 Correct Answer Incorrect Answer
      C 1 & 3 Correct Answer Incorrect Answer
      D All Correct Answer Incorrect Answer

      Solution

      The debt of the central government to 40% of the GDP by 2024-25.

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