Fiscal Responsibility and Budget Management Act (FRBM)

IMPORTANT

Fiscal Responsibility and Budget Management Act (FRBM): Overview

This topic covers concepts, such as, Objectives of FRBM Act, FRBM Act Targets, Amendments in FRBM Act, FRBM Act Amendment 2015 & N.K. Singh Committee and Review of FRBM Act etc.

Important Questions on Fiscal Responsibility and Budget Management Act (FRBM)

HARD
IMPORTANT

When was the N.K. Singh Committee for the Review of FRBM Act constituted?

HARD
IMPORTANT

Which FRBM amendment introduced the concept of Effective Revenue Deficit (E.R.D)?

HARD
IMPORTANT

What is the target set by the provisions of the FRBM Amendment Act, 2015?

EASY
IMPORTANT

Which of the following is a measure of fiscal reforms Government of India has adopted?

EASY
IMPORTANT

Primary deficit is the difference between the fiscal deficit and the _____.

EASY
IMPORTANT

Which of the following is not a reason for demand-pull inflation?

HARD
IMPORTANT

Among which of the following is related to bank risks _____.

EASY
IMPORTANT

The purpose of providing depreciation on the bank's property is _____.

EASY
IMPORTANT

India's fiscal deficit settled at _____ percent in 2019-20.