Question

91) Which of the following document/s is/are presented after the presentation of budget?

i) The medium term fiscal policy statement

ii) The fiscal policy strategy statement

iii) The micro economic framework statement

iv) The macro economic framework statement.

• A. a) All the above
• B. b) i, ii and iv only
• C. c) i, ii and iii only
• D. d) i and ii only ​​​​​​​

Answer 1

The correct option is B

b) i, ii and iv only

91 Ans B

Explanation: The fiscal responsibility and budget management act (FRBM)of 2003 mandated the presentation of the medium term fiscal policy statement, the fiscal policy strategy statement and the macro economic framework statement immediately after the presentation of the budget