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

examrobotsa's picture

Submitted by examrobotsa on

Q: (IAS/2020)
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

question_subject: 

Polity

question_exam: 

IAS

stats: 

0,161,46,9,29,8,161

keywords: 

{'macro economic framework statement': [0, 0, 0, 1], 'fiscal responsibility': [0, 0, 2, 0], 'budget management act': [0, 0, 2, 1], 'finance minister': [4, 0, 3, 1], 'aforesaid document': [0, 0, 0, 1], 'other documents': [0, 0, 0, 1], 'provisions': [0, 0, 0, 1], 'parliament': [15, 1, 3, 8], 'budget': [3, 1, 4, 10], 'constitution': [39, 3, 11, 39], 'long convention': [0, 0, 0, 1]}

The Macro Economic Framework Statement is presented along with the Budget by the Finance Minister in accordance with the provisions of the Fiscal Responsibility and Budget Management Act, 2003. Therefore, the correct answer is (d).