Economics · Fiscal Policy and Public Finance
The Fiscal Responsibility and Budget Management (FRBM) Act, 2003 aims to: (1) Institutionalize fiscal discipline (2) Improve macro-economic management of public funds (3) Strengthen fiscal prudence (4) Innovate proportional taxation Select the correct answer using the codes given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1(1), (2) and (3) only✓
- 2(3) and (4) only
- 3(1), (2) and (4) only
- 4(1) and (2) only
Correct answer
(1), (2) and (3) only
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