Civil Services Examination · Question 89
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?
Show answer & explanation
Answer: (A) Only one
Explanation
The SGP sets fiscal rules (deficit 3% of GDP, debt 60%); it does not concern infrastructure or technology sharing.