state gov TSPSC Group 2 (తెలంగాణ గ్రూప్ 2) Mock Test Series General Knowledge Economy Money and Banking
Fiscal Responsibility and Budget Management (FRBM) Act does not
1
Prescribe limits for fiscal and revenue deficits
2
Prescribe certain vision statements to be laid along with the budgets
3
Provide for penal provisions if deficit targets are not met
4
Apply both at Central and State level