Consider the following statements: The 'Stability and Growth Pact' of the European Union is a treaty that 1.…
Consider the following statements: The 'Stability and Growth Pact' of the European Union is a treaty that 1. limits the levels of the budgetary deficit of the countries of the European Union. 2. makes the countries of the European Union to share their infrastructure facilities. 3. enables the countries of the European Union to share their technologies. How many of the above statements are correct?
Only one
Only two
All three
None
Solution
Per the official UPSC key, the answer is C. The Stability and Growth Pact concerns fiscal deficit limits — only Statement 1 is correct; most coaching keys marked A.