As per the Fiscal Responsibility and Budget Management Act-2003, which of the following is NOT laid before both the house of parliament along with Annual Financial statement?
The monetary policy statement
The Fiscal Responsibility and Budget Management (FRBM) Act, 2003 aims to ensure fiscal discipline and transparency in government finances.
Under the Act, certain policy statements must be presented to Parliament along with the Annual Financial Statement (the Budget).
These include the Medium Term Fiscal Policy Statement, the Fiscal Policy Strategy Statement and the Macroeconomic Framework Statement.
The Monetary Policy Statement is prepared by the Reserve Bank of India and is not a document laid under the FRBM Act.
Hence, the statement NOT laid along with the budget is the monetary policy statement.
The Kisan Credit Card (KCC) scheme was introduced in ______ for issue of Kisan Credit Cards to farmers on the basis of their holdings for uniform adoption by the banks.
Dr. Urjit Patel, who has been appointed recently as Governor of Reserve Bank of India, was holding which position immediately prior to this appointment?
As per the RBI guidelines, which one of the following is the minimum tenure of Masala Bonds that an Indian company can issue offshore?
______ is a tax system that collects a greater share of income from those with high incomes than from those with lower incomes.
In which year had India's ratio of public debt to GDP gone up to a record 84.2%?
______ is an economic scenario where a peculiar combination of low growth and rising inflation leads to high unemployment.