Which of the following is a feature of the Fiscal Responsibility and Budget Management Act, 2003 (FRBMA)?
1
The reduction in fiscal deficit by 0.4 per cent of GDP each year
2
The reduction in fiscal deficit by 0.2 per cent of GDP each year
3
The reduction in fiscal deficit by 0.5 per cent of GDP each year
4
The reduction in fiscal deficit by 0.3 per cent of GDP each year