The correct answer is ii, iv and v only.

• The Fiscal Responsibility and Budget Management (FRBM) Act - 
  • The Fiscal Responsibility and Budget Management Act (FRBM Act), 2003, establishes financial discipline to reduce the fiscal deficit. Hence, pair 2 is correct.
  • It intends to bring transparency and accountability in the conduct of the fiscal and monetary actions of the government.
  • It requires the government to limit the fiscal deficit to 3% of the GDP by 31 March 2021 and the debt of the central government to 40% of the GDP by 2024-25, among others.
  • The FRBM Act proposed that revenue deficit, fiscal deficit, tax revenue and the total outstanding liabilities be projected as a percentage of gross domestic product (GDP) in the medium-term fiscal policy statement
• Special drawing rights (SDR) is an international type of monetary reserve currency.
  • It was created by the International Monetary Fund (IMF) in 1969. Hence, pair 4 is correct.
  • SDR operates as a supplement to the existing money reserves of member countries.
  • The value of the SDR is determined daily and made available on the IMF's website.
  • There are only five currencies in the world which are associated with SDR and those currencies are the Chinese Yuan, Japanese Yen, American dollar, Euro, Pound Sterling.
• Moody's Investors Service, often referred to as Moody's, is the bond credit rating business of Moody's Corporation, representing the company's traditional line of business and its historical name. Hence, pair 5 is correct.
  • It was founded in 1909 and its headquarters is in New York, United States.
  • Moody's Investors Service provides international financial research on bonds issued by commercial and government entities.
  • Moody's, along with Standard & Poor's and Fitch Group, is considered one of the Big Three credit rating agencies.
  • It is also included in the Fortune 500 list of 2021.
• Securities and Exchange Board of India (SEBI) is a statutory body and a market regulator, which controls the securities market in India.
  • The basic functions of SEBI are to protect the interests of investors in securities and to promote and regulate the securities market. Hence, pair 5 is incorrect. 
• Bitcoin is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Hence, pair 1 is incorrect. 
  • Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.