Economics · Fiscal Policy
Under the FRBM Act, which clause allows the government to breach its fiscal deficit target by 0.5 percentage points during periods of severe economic stress?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Escape clause✓
- 2DEAR clause
- 3Guarantee clause
- 4FAR clause
Correct answer
Escape clause
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