MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Money Bill

Which month m...

Question

Which month marks the beginning of the financial year in India?

A

January

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

April

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

C

June

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

October

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B April
The Annual Budget is supposed to be passed before the beginning of each financial year, which is from the first of April to 31st of March.

Suggest Corrections

thumbs-up

0

Similar questions

Q. The Indian financial year begins on __________.

Q. Three months rent of the next financial year is paid in advance, how this transaction effects accounting equation

Q. When does India's financial year begin and end?

Q. Fresh evaluation of every item of expenditure from the very beginning of each financial year is called ___________.

Q. First AGM should be held within ______ Months from the date of closing of the first financial year of the company.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Money Bill

CIVICS

Watch in App

explore_more_icon

Explore more

Standard X Civics

Join BYJU'S Learning Program

CrossIcon