UPSC Prelims 2023 · GS Paper 1 · Q19

Current Affairs

Medium · European Union fiscal rules

Consider the following provisions:

1. Requires European Union member states to keep their annual budget deficit within a prescribed limit relative to GDP.

2. Mandates joint EU funding of cross-border transport infrastructure projects.

3. Requires EU member states to share defence technology with one another.

How many of the provisions given above correctly describe the European Union's 'Stability and Growth Pact'?