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Question
Budget is a/an _____________ statement of expenditure and revenue of the government prepared by the financial authority of the country.
Budget is a/an _____________ statement of expenditure and revenue of the government prepared by the financial authority of the country.
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Solution
The correct option is A annual
Budget is an annual statement of the estimates of the government receipts and government expenditure during the period of the financial year. It unveils the fiscal policy of the government, focusing on growth and stability of the economy. Budget is usually prepared annually keeping in mind the financial year.
Budget is an annual statement of the estimates of the government receipts and government expenditure during the period of the financial year. It unveils the fiscal policy of the government, focusing on growth and stability of the economy. Budget is usually prepared annually keeping in mind the financial year.
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