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The "Fiscal Responsibility and Budget Management (FRBM) Act" aimed to:
  • a)
    Encourage deficit financing
  • b)
    Control inflation
  • c)
    Promote fiscal discipline
  • d)
    Increase public spending
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
The "Fiscal Responsibility and Budget Management (FRBM) Act"...
The FRBM Act aimed to promote fiscal discipline by reducing fiscal deficits and managing government borrowing.
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The "Fiscal Responsibility and Budget Management (FRBM) Act" aimed to:a)Encourage deficit financingb)Control inflationc)Promote fiscal disciplined)Increase public spendingCorrect answer is option 'C'. Can you explain this answer?
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