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GK QUESTION#1391

What does 'F' stand for in FRBM Act, 2003 of the Indian economy?

  1. AFiscalCorrect answer
  2. BFinancial
  3. CFreedom
  4. DFunctional
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Answer

A. Fiscal

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Explanation

Fiscal. The FRBM Act (Fiscal Responsibility and Budget Management Act), enacted in August 2003. Aim - To promote fiscal discipline, transparency, and accountability in the management of India's finances.

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