Official Answer Key & Detailed Solution
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Correct Answer: Option (A) — Only one
Concept & Option Breakdown
Standard Reference VerifiedStatement 1 is correct: The Stability and Growth Pact (SGP) is a fiscal framework requiring EU member states to keep budget deficits below 3% of GDP and public debt below 60% of GDP. Statements 2 and 3 are incorrect: The SGP is purely a macroeconomic and fiscal agreement; it has no provisions for sharing physical infrastructure facilities or technologies.
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