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The FRBM Act ...

Question

The FRBM Act 2003 was passed based on the recommendations of N.K.Singh committee

A

True

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B

False

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Solution

The correct option is B False

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Q. The FRBM review committee headed by N.K.Singh recommended debt to GDP ratio as ____ for Central government and ___ for states government

Q. Monetary Policy Committee was setup based on the recommendation of ________

FRBM Act was passed in____________:

Q. The major features of the recommendations of N.K.Singh Committee are:

1. It stipulated debt to GDP ratio of 60%
2. Proposed Debt Management and Fiscal Responsibility Bill to replace FRBM act
3. Provided for the grounds under which the government can deviate from the targets.

Which of the above statements are correct ?

The full form of FRBM Act 2003 is _______.

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