Q.3 The Fiscal Responsibility and Budget Management (FRBM) Act has become outdated; the economic dynamism of the day requires new approaches. Discuss.(10 Marks)

Mentor’s Comments- Introduce by describing the FRBM Act and its provisions. In the body of the answer discuss why the … Continue reading Q.3 The Fiscal Responsibility and Budget Management (FRBM) Act has become outdated; the economic dynamism of the day requires new approaches. Discuss.(10 Marks)