Question

With reference to the Medium-term Expenditure Framework Statement
(MTEF), which of the following statements is/are correct?
1. It sets forth a three-year rolling target for the expenditure indicators with
specification of underlying assumptions and risks involved. 2. The objective of the MTEF is to provide closer integration between Budget
and the FRBM Statements.
3. Fiscal Responsibility and Budget Management (FRBM) Act, 2003 requires
the Government to place MTEF Statement in both the Houses of
Parliament.
Select the correct answer using the code given below.
A. 1 and 2 only
B. 2 and 3 only
C. 1 and 3 only
D. 1, 2 and 3

Answer 1

c is ur answer...!!!