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| M: +2.00/-0.67

Consider the following statements regarding Fiscal Responsibility and Budgetary Management Act 2003 (FRBMA)

1.It is an attempt to reduce fiscal deficit and revenue deficit.

2.It requires reduction in fiscal deficit by 0.3 percent of GDP each year.

Which of the statement given above is/ are correct?

???????? ???????????? ?? ????? ??????? ??????? 2003 (FRBMA) ?? ???? ??? ?????????? ????? ?? ????? ????

1. ?? ???????? ???? ?? ?????? ???? ?? ?? ???? ?? ?? ?????? ???

2. ??? ???????? ???? ??? ???????? ???? ?????? ?? 0.3 ??????? ?? ??? ?? ???????? ???? ???

??? ???? ??? ??? ?? ??? ??? ?? / ????

[NCERT TEST - 3,Economics]
A
B
C
D