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

1. The Fiscal Responsibility and Budget Management (FRBM) Act, 2003 aimed to introduce transparency and prudence in fiscal management in India. 2. Option (A): The Act mandated the central government to take appropriate measures to eliminate the revenue deficit by March 31, 2008 (later extended). This was stipulated. 3. Option (B): The Act prohibited direct borrowing by the central government from the Reserve Bank of India (RBI) from April 1, 2006, except through Ways and Means Advances (WMA) to meet temporary mismatches or under certain circumstances like national calamity, etc. This was stipulated. 4. Option (C): The original FRBM Act focused primarily on eliminating the revenue deficit and reducing the fiscal deficit. While primary deficit (fiscal deficit minus interest payments) is an important indicator, the Act did *not* explicitly mandate the elimination of primary deficit by a specific date like 2008-09. The focus was on revenue and overall fiscal deficits. Therefore, this was not stipulated in the original Act. 5. Option (D): The Act required the government to limit government guarantees, stipulating a ceiling, usually expressed as a percentage of GDP, in any financial year. This was stipulated. 6. Since the question asks what was not stipulated, option (C) is the correct answer.