Question

Which of the following is/are false about the Union Budget of India?

• A. It is a financial statement.
• B. It shows the expected income and expenditure of the government.
• C. It is presented in the Rajya Sabha.
• D. It is presented by the Prime Minister of India.

Answer 1

Answer: (C), (D)

It is presented by the Prime Minister of India.

A budget is the financial statement showing the expected income and expenditure of the government during a financial year. The budget prepared by the central government for the country is called the Union Budget. The Finance Minister of India presents the Union Budget in the Lok Sabha.