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Question
The Budget session of the Parliament is held between _____________.
The Budget session of the Parliament is held between _____________.
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Solution
The correct option is B February-May
The Budget session of the Parliament is held between February-May. The budget is the annual financial statement of the government. This statement takes into account a period of one financial year. The financial year commences in India on 1st April each year. All the expenditures approved through various demands for grants and expenses charged on the Consolidated Fund of India are then presented in the form of a single bill called the Appropriation Bill.
The Budget session of the Parliament is held between February-May. The budget is the annual financial statement of the government. This statement takes into account a period of one financial year. The financial year commences in India on 1st April each year. All the expenditures approved through various demands for grants and expenses charged on the Consolidated Fund of India are then presented in the form of a single bill called the Appropriation Bill.
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