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Question

A/An is the financial statement showing the expected income and expenditure of the government during a financial year.

A
bill
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B
receipt
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C
planner
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D
annual budget
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Solution

The correct option is D annual budget
In India, the Finance Minister prepares the annnual budget and the states prepare state budgets for one financial year, which starts from 1 April and ends on 31 March of the next year. A budget helps in controlling spendings, tracking expenses, and saving money.

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