Economics · Economy
Which of the following was suggested as a substitute for the Fiscal Responsibility and Budget Management (FRBM) Act by the Fourteenth Finance Commission?
- 1Debt Ceiling and Fiscal Responsibility Legislation✓
- 2Revenue and Debt Management Act
- 3Fiscal Deficit Management Act
- 4Fiscal Consolidation Fund
Correct answer
Debt Ceiling and Fiscal Responsibility Legislation
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