Economics · Economy
In the post-reform era, fiscal prudence became central to macroeconomic stability. Which of the following Acts was enacted in 2003 to institutionalise fiscal discipline in India?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Fiscal Responsibility and Budget Management Act✓
- 2FEMA Act
- 3Banking Regulation Act
- 4Companies Act
Correct answer
Fiscal Responsibility and Budget Management Act
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