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    Question

    ‘Escape clause’ refers to the situation under which

    the central government can flexibly follow fiscal deficit targets during special circumstances. This terminology was innovated by which Committee in context to Governance in India?
    A Shekatkar Committee Correct Answer Incorrect Answer
    B TSR Subramanian Committee Correct Answer Incorrect Answer
    C Shyam Benegal Committee Correct Answer Incorrect Answer
    D N.K.Singh Committee Correct Answer Incorrect Answer

    Solution

    This terminology was innovated by the NK Singh Committee on FRBM.

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