state gov APPSC (ఆంధ్రప్రదేశ్) Group 2 (Pre + Mains) Mock Test 2023 General Knowledge Economy Money and Banking
Consider the following statements with respect to The Fiscal Responsibility and Budget Management (FRBM) Act :
1. It aims to establish financial discipline in the economy.
2. The FRBM Act made it mandatory for the government to place a Fiscal Policy Strategy Statement.
3. It provides room for deviation from the annual fiscal deficit target under certain conditions.
Which of the statements given above are correct?
1
1 and 2 only
2
2 and 3 only
3
1 and 3 only
4
1, 2 and 3