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What was the target of fiscal deficit as prescribed under the Fiscal Responsibility and Budget…

Under the Rajasthan Fiscal Responsibility and Budget Management (FRBM) Act, 2005, the prescribed ceiling for fiscal deficit was set at 3% of Gross State Domestic Product…

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What was the target of fiscal deficit as prescribed under the Fiscal Responsibility and Budget Management Act, 2005 ?

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Correct answer A

Under the Rajasthan Fiscal Responsibility and Budget Management (FRBM) Act, 2005, the prescribed ceiling for fiscal deficit was set at 3% of Gross State Domestic Product (GSDP).

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  • Rajasthan Gk Gs

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