85. Which among the following states has adopted the fiscal responsibility legislation before the central Governments?
a) Karnataka
b) Kerala
c) Uttar Pradesh
85 Ans D
67) Which among the following statements is correct?
i) The Fiscal responsibility legislation capped the overall deficit for all states at 3% of GSDP
ii) The Fiscal responsibility legislation mandates that states must eliminate revenue deficit by 2008-9 (later extended to 2009/10)