Question : What does 'F' stand for in the FRBM Act, 2003 of the Indian economy?
Option 1: Fiscal
Option 2: Financial
Option 3: Freedom
Option 4: Functional
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Correct Answer: Fiscal
Solution : The correct answer is Fiscal.
F in FRBM stands for fiscal. The full form of FRBM is the Fiscal Responsibility and Budget Management Act. The FRBM Act was implemented by the Government of India in 2003 to ensure fiscal discipline in the country. This act relies on mitigating or decreasing the fiscal deficit.
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Question : What does F stand for in the FRBM Act, 2003 of the Indian economy?
Option 1: Financial
Option 2: Fiscal
Option 3: Functional
Option 4: Freedom
Question : GDP is an indicator of a country's economy. What does 'D' in GDP stand for?
Option 1: Development
Option 2: Domestic
Option 3: Dividend
Option 4: Deficit
Question : What does 'L' stand for in the LPG strategy of 1991?
Option 1: Legislative
Option 2: Landmark
Option 3: Liquid
Option 4: Liberalisation
Question : In MUDRA Yojana, what does 'M' stand for?
Option 1: Macro
Option 2: Money
Option 3: Micro
Option 4: Multi
Question : What chemical element does ' N ' stand for in the periodic table?
Option 1: Neptunium
Option 2: Nitrogen
Option 3: Neon
Option 4: Neodymium
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