The Medium-term Fiscal Policy Statement sets a rolling target over how many years?
AFour
BNine
CThree
DFive
Answer & Solution
Correct answer: C. Three
1. It checks if revenue receipts can fund revenue expenditure.
2. The target rolls over three years.
3. It also reviews use of capital receipts.
_Source: syllabus Introductory Macroeconomics, Chapter 5, Government Budget and the Economy._
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