Economics · Economy
What is the primary objective of the Fiscal Responsibility and Budget Management (FRBM) Act, 2003?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Imposing fiscal discipline on the government to reduce fiscal deficit✓
- 2Liquidation of assets of central public sector enterprises
- 3Collecting loan repayments from public sector banks
- 4Distribution of resources between the Centre and the States
Correct answer
Imposing fiscal discipline on the government to reduce fiscal deficit
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