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Question

__________ contain estimate of anticipated revenue by way of taxes and other means.

A
Gross national product
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B
Net national product
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C
National income
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D
Budget
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Solution

The correct option is D Budget
A budget is nothing but a financial plan for a definite period of time mostly for one year. It includes planned sources of revenue, both tax and non-tax, and the anticipated revenue along with the planned expenditure that the Government plans to undertake over a period of one year. Hence, the budget contains estimates of anticipated revenue by way of taxes and other means.

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