PPSC PCS 2025 · Question 81 of 100

Several Finance Commissions have recommended the establishment of an independent Fiscal Council in India. In this context, which of the following are the potential benefits of setting up such a council? 1. Assessing and monitoring fiscal policy 2. Effective implementation of fiscal rules and strengthening of fiscal performance 3. Better coordination between the Centre and the states, and the consistency of the fiscal targets across levels of government 4. Enhanced accountability to the Legislatures and the public at large in calibrating fiscal policies Select the correct answer using the options below:

Economy

1. A1 and 4 only
2. B2 and 3 only
3. C1, 2 and 4 only
4. D1, 2, 3 and 4Correct