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Gk question on Which one of the following was not stipulated in the Fiscal......
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Which one of the following was not stipulated in the Fiscal Responsibility and Budget Management Act, 2003?

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Which one of the following was not stipulated in the Fiscal Responsibility and Budget Management Act, 2003?
  • A. Elimination ofrevenue deficit by the end of the fiscal year 2007-08
  • B. Non- borrowing by the Central Government from Reserve Bank of India except under certain circumstances
  • C. Elimination of primary deficit by the end of the fiscal year2008-09
  • D. Fixing government guarantees in any financial year as a percentage of GDP
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Related Questions

Fiscal deficit in the Union Budget means
  • A. net increase in Union Governments borrowings from the Reserve Bank of India
  • B. the difference between current expenditure and current revenue
  • C. the sum of monetized deficit and budgetary deficit
  • D. the sum of budgetary deficit and net increase in internal and external borrowings
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  • Complaint Here As Incorrect Question / Answer
A separate Railway Budget, which is different from the General Budget, was first introduced in ..........on the basis of recommendations of the 10-member Acworth Committee.
The separate presentation of Railway Budget and the General Budget began since
The separate presentation of Railway Budget and the General Budget began since
Railway Budget in India was separated from General Budget in

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