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Which one of the following was not stipulated in the Fiscal Responsibility and Budget Management Act, 2003 ?  

(a) Elimination of revenue deficit by the end of the fiscal year 2007-08 

(b) Non-borrowing by the central government from Reserve’ Bank of India except under certain circumstances 

(c) Elimination, of primary deficit by the end of the fiscal year 2008-09 

(d) Fixing government guarantees in any financial year as a percentage of GDP

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(c) It included recommendations for Fiscal deficit and revenue deficit.

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