Correct answer: (d) Provisions of the Fiscal Responsibility and Budget Management Act, 2003
Explanation
- A
Long standing parliamentary convention
Convention. The Macro-Economic Framework Statement is a statute duty.
- B
Article 112 and Article 110(1) of the Constitution of India
Articles 112 and 110. Annual financial statement and Money Bills — not this annex.
- C
Article 113 of the Constitution of India
Article 113. Procedure for estimates.
- D
Provisions of the Fiscal Responsibility and Budget Management Act, 2003
FRBM Act, 2003. Mandates the Macro-Economic Framework Statement with the Budget.
Summary. Official key is (d). The Macro-Economic Framework Statement is placed with the Budget because the Fiscal Responsibility and Budget Management Act, 2003 requires it — not because of Articles 110–113 or convention.
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