Which of the following organisations/agencies are involved in drafting the Union Budget of India?

The Planning Commission only

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

The Comptroller and Auditor General only

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

Administrative Ministries only

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

a and b only

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

Open in App

Solution

The correct option is D Administrative Ministries only
The Union Budget of India is also referred to as the Annual Financial Statement. This is given such name under Article 112 of the Constitution of India. Also, it is the annual budget of the Republic of India. Moreover, Government presents it on the first day of February. Furthermore, this budget is drafted under the Ministry of Finance. The Administrative Ministries are only involved in the drafting of the Union Budget.

Thus, the correct answer is C.

Suggest Corrections

Similar questions

Which of the following are Constitutional Bodies?

1. National Commission for STs

2. Special officer for Linguistic Minorities

3. Comptroller & Auditor General of India

4. Attorney General of India

Code:

92. Which of the following statement/s is/are correct with regard to the budget 2017-18?

i) This budget did not have separate plan and non-plan classifications.

ii) The budget was advanced by a month

iii) For the first time, a consolidated outcome budget, covering all the ministries and departments was laid along with the union budget

iv) Railway budget is merged with the general budget.

Join BYJU'S Learning Program