MPSC PYQEconomicsenglish

Which of the following has been suggested as a substitute for the Fiscal Responsibility and Budget Management (FRBM) Act by the Fourteenth Finance Commission ?

A.Fiscal Consolidation Fund
B.Fiscal Deficit
C.Revenue and Debt Management
D.Debt Ceiling and Fiscal Responsibility Legislation

Correct answer: D

Source paper

MPSC SS Group B Combined Pre 2020 (English)

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