New Enroll here to Join NaBFID Analyst Into Class on May 6

    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.

    Practice Next

    Relevant for Exams: