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What is the purpose of the Mid-term Fiscal Restructuring Policy according to the Uttar Pradesh FRBM Act?
  • a)
    Annual budget preparation
  • b)
    Setting long-term economic goals
  • c)
    Sharing financial goals for the next five years
  • d)
    Improving tax administration
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
What is the purpose of the Mid-term Fiscal Restructuring Policy accord...
The Mid-term Fiscal Restructuring Policy, as per the Uttar Pradesh FRBM Act, involves sharing financial goals for the next five years, including estimates, spending details, and plans.
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What is the purpose of the Mid-term Fiscal Restructuring Policy according to the Uttar Pradesh FRBM Act?a)Annual budget preparationb)Setting long-term economic goalsc)Sharing financial goals for the next five yearsd)Improving tax administrationCorrect answer is option 'C'. Can you explain this answer?
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