Economics · Fiscal Policy & Legislation
Which of the following statements is true regarding the Fiscal Responsibility and Budget Management (FRBM) Act?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1All of the above✓
- 2It aims at maintaining better coordination between fiscal and monetary policy
- 3It aims at bringing fiscal discipline, efficient debt management, and macroeconomic stability
- 4It aims to introduce transparency in India's fiscal management systems
Correct answer
All of the above
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