Question

When did the Government of Uttarakhand pass the Fiscal Responsibility and Budget Management Act ?

  1. In 2003
  2. In 2007
  3. In 2005
  4. In 2009

Answer:

Option C: In 2005

Detailed Solution:

The correct answer is “In 2005”.

The Government of Uttarakhand enacted the Fiscal Responsibility and Budget Management (FRBM) Act in 2005.