Fiscal Responsibility and Budget Management Act (FRBMA) ACT 2003 concerns: Options: A . &nbspFiscal deficit only B . &nbspRevenue deficit only C . &nbspBoth fiscal and revenue deficit D . &nbspNeither fiscal nor revenue deficit

Fiscal Responsibility and Budget Management Act (FRBMA) ACT 2003 concerns:

Question

Fiscal Responsibility and Budget Management Act (FRBMA) ACT 2003 concerns:

Options:

A . Fiscal deficit only

B . Revenue deficit only

C . Both fiscal and revenue deficit

D . Neither fiscal nor revenue deficit

Answer: Option C
:
C
The FRBMA was adopted to ensure complete fiscal stability in the economy.

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