Teaching BPSC 4.0 बिहार उच्च माध्यमिक शिक्षक भर्ती (PGT) Mock Test General Knowledge Economy Money and Banking
With reference to the Fiscal Responsibility and Budget Management Act, 2003 (FRBMA), consider the following statements:
1. The outcome budget was introduced as part of the Act.
2. It provides scope for deviation from the annual fiscal deficit target under certain conditions.
3. It prohibits the central government from borrowings from the RBI under all circumstances.
Which of the statements given above is/are correct?
1
1 and 3 only
2
1, 2 and 3
3
2 only
4
More than one of the above
5
None of the above