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Criteria Defining GDP

When does Ind...

Question

When does India's financial year begin and end?

A

1 January and 31 December, respectively

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B

1 April and 31 March, respectively

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C

1 June and 31 July, respectively

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D

1 October and 30 November, respectively

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Solution

The correct option is B 1 April and 31 March, respectively

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Statement I: A budget is the financial statement showing the expected income and expenditure of the government during a financial year.

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