Q. Which of the following statement/s is/are presented along with the budget?
1.Fiscal Policy Strategy Statement
2.Medium Term Fiscal Policy Statement
3.Macroeconomic Framework Statement
Choose the correct answer from below given codes:

[A] 1 only

[B] 1 and 2 only

[C] 2 and 3 only

[D] 1, 2 and 3

Answer: D

Explanation: Along with the Budget and Demands for Grants, the GoI to lay the following three statements before the Parliament in each financial year:

(a) Fiscal Policy Strategy Statement (FPSS);

(b) Medium Term Fiscal Policy Statement (MTFPS); and

(c) Macroeconomic Framework Statement (MFS).

Source: Ramesh Singh