Economics · Fiscal Policy and Budget
According to the initial rules framed under the Fiscal Responsibility and Budget Management (FRBM) Act, 2003, what was the mandatory annual target for reduction in the fiscal deficit as a percentage of GDP?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 10.4 per cent
- 20.2 per cent
- 30.5 per cent
- 40.3 per cent✓
Correct answer
0.3 per cent
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