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
A.Provisions of the Fiscal Responsibility and Budget Management Act, 2003✓ Correct
B.Long standing parliamentary convention
C.Article 113 of the Constitution of India
D.Article 112 and Article 110(1) of the Constitution of India
Explanation
The Macro Economic Framework Statement is presented along with the Budget as mandated by the Fiscal Responsibility and Budget Management (FRBM) Act, 2003.
💡 Practice unlimited UPSC CSE PYQs + AI-tracked progress on each topic. Sign up free →
Want more UPSC CSE practice?
Free daily 10-Q quiz · adaptive mocks · 4,000+ verified PYQs · AI doubt solver in Hindi + English