Economics · Fiscal Policy
The Fiscal Responsibility and Budget Management (FRBM) Act primarily aims to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Promote unregulated government spending
- 2Eliminate all forms of government borrowing
- 3Reduce the fiscal deficit and manage public debt✓
- 4Increase public debt to stimulate economic growth
Correct answer
Reduce the fiscal deficit and manage public debt
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