Consider the following statements regarding fiscal consolidation in India:1. India like several other countries, embarked ii the mid-2000s on an ambitious project of fiscal consolidation.2. Fiscal Responsibility and Budget Managemen' (FRBM) Act was adopted by the centre in 2003.Identify the correct statements:

Consider the following statements regarding fiscal consolidation in In

1.	Consider the following statements regarding fiscal consolidation in India:1. India like several other countries, embarked ii the mid-2000s on an ambitious project of fiscal consolidation.2. Fiscal Responsibility and Budget Managemen' (FRBM) Act was adopted by the centre in 2003.Identify the correct statements:
A.	1 only
B.	2 only
C.	Both
D.	Neither of the above
Answer» D. Neither of the above