What is FRBM Meaning, Full Form And Definition

There are some of the most commonly asked questions about What FRBM stands for | What is the Meaning of FRBM | Acronyms for FRBM | definition of FRBM | FRBM meaning | FRBM full form in different categories.

The Full Form of FRBM: Fiscal Responsibility and Budget Management

FRBM stands for Fiscal Responsibility and Budget Management. The FRBM Budget Act is an important legislation that is of utmost importance to the Indian financial community. Under this law, the Government of India has various powers by which it provides funding to various financial undertakings.

Under this law, the FRBM budget is prepared and presented. This budget is prepared on the basis of the economic policy of India and is revised and updated from time to time by the Government of India. Apart from this, this law also manages the rules and regulations for various financial institutions in India.

The Fiscal Responsibility and Budget Management (FRBM) Act came into force in 2003. It sets targets for the government to reduce the fiscal deficit. These goals are often put on hold.

In May 2016, the government appointed N.K. A committee was formed under the chairmanship of Singh. This committee was formed to review the FRBM Act. The government believed that the targets have been kept very strict.

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Other Acronyms, and meanings of FRBM

AcronymsMeaningsCategory
FRBMFederal Reserve Bank of MinneapolisUS Government
FRBMFiscal Responsibility and Budget ManagementBusiness Management
FRBMFree Radical Biology and MedicineBiology

FAQs

  1. What does FRBM stand for in Biology?

    FRBM stands for “Free Radical Biology and Medicine” in the context of biology.

  2. What is the meaning of FRBM in medical?

    The meaning of FRBM is “Free Radical Biology and Medicine” in terms of Medical.

  3. What is the full form of FRBM?

    The Full Form of FRBM is “Fiscal Responsibility and Budget Management “.

  4. What does FRBM mean?

    FRBM means “Fiscal Responsibility and Budget Management “.

  5. What is the FRBM Meaning in the budget?

    The FRBM means “Fiscal Responsibility and Budget Management ” in terms of budget.

  6. What is the FRBM Full Form in finance

    The FRBM Full Form is “Fiscal Responsibility and Budget Management” in finance.

Now you might have got some ideas about the Meaning of FRBM. And also the meaning, definition, abbreviation, and acronym for FRBM in different categories.