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Act / Law Fiscal Responsibility and Budget Management Act
Asked 5 times across 3 UPSC exams over 17 years (2006–2023), peaking in 2020.
Key insights
- Most tested in CSE — 3 of 5 PYQs
- Most asked in 2020
- Recurs across 5 years (2006–2023)
How it travelled across exams
First appearance in each exam — the same idea, reframed.
CSE 2006 → CDS 2018 → LDCE 2023
How the concept evolved
Rising — more than half its appearances (3 of 5) are since 2016.
Related concepts
Ideas UPSC tests alongside this one — keep exploring.
Sample questions
You've seen the pattern — here are a few of the actual PYQs.
LDCE2023
Via which of the following is the Ministry of Finance required to review every quarter the trends in Receipts and Expenditure in relation to the Budget and place it before both Houses of Parliament?
- A Constitution of India
- B Fiscal Responsibility and Budget Management Act, 2003 ✓
- C Finance Acts of every year
- D Order of President of India
✓ Correct answer: (B)
Economy › Public Finance & Budget
CSE2020
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 Long standing parliamentary convention
- B Article 112 and Article 110(1) of the Constitution of India
- C Article 113 of the Constitution of India
- D Provisions of the Fiscal Responsibility and Budget Management Act, 2003 ✓
✓ Correct answer: (D)
Polity & Governance › Parliament & Legislature
CDS2018
Directions : The following four (4) items consist of two statements, Statement I and Statement II. Examine these two statements carefully and select the correct answer using the code given below. Code
Statement IThe overall fiscal deficit of the States in India during 2017-2018 stayed above the FRBM threshold level of 3 percent for the third successive year
Statement IISpecial Category States had run up a higher level of fiscal deficit in 2017-2018 compared to 2016-2017
- A Both the statements are individually true and Statement II is the correct explanation of Statement I ✓
- B Both the statements are individually true but Statement II is not the correct explanation of Statement I
- C Statement I is true but Statement II is false
- D Statement I is false but Statement II is true
✓ Correct answer: (A)
Economy › Public Finance & Budget
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