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Question

The Indian financial year begins on __________.

A
1 January
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B
1 April
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C
1 July
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D
None of these
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Solution

The correct option is C 1 April
A Financial year is a period used by governments for accounting and budget purposes, which vary between countries. It is also used for financial reporting and other organizations. The Indian financial year begins on 1st April and Ends on 31st March. Financial year vary from country to country.

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