Question : Assessment of the country’s GDP growth, external balance and fiscal balance are presented in which part of the budget document?
Option 1: Medium-term Fiscal Policy Statement
Option 2: Appropriation bill
Option 3: Fiscal Policy Strategy Statement
Option 4: Macroeconomic Framework Statement
Correct Answer: Macroeconomic Framework Statement
Solution : The correct option is the Macroeconomic Framework Statement .
The Macroeconomic Framework Statement is a key component of the budgetary process in many countries. It is a document that outlines the macroeconomic assumptions, targets and policies that form the basis for the government's budget. The purpose of this statement is to provide a broader economic context for the budget and to explain the underlying macroeconomic considerations that influence fiscal policy.
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Question : Priorities of the government in the fiscal area and its related policies and deviations are mentioned in which part of the budget document?
Question : Select the correctly spelt sentence.
Question : Tax reform refers to improvements in the taxation and public expenditure policies of the government, which are collectively called__________.
Question : Which part of the Indian Constitution deals with Directive Principles of State Policy?
Question : What is not a goal of Five-Year Plans?
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