GyanGramQuestion
Along with the Budget, the Finance Minister also places other documents before the Parliament which include “The Macro Economic Framework Statement”. The aforesaid document is presented because this is mandated by
PRELIMS 2020 · INDIAN POLITY
Along with the Budget, the Finance Minister also places other documents before the Parlia…
Attempt this previous-year question. The correct option stays hidden until you choose.
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• Correct Answer: D
• The Macro-Economic Framework Statement is mandated under Section 3(5) of the FRBM Act, 2003, presented alongside the Union Budget.
• It assesses GDP growth prospects, fiscal balance, and external sector assumptions.
• Articles 112 and 113 pertain to the Annual Financial Statement and demands for grants, not the MEFS.
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