Question

Which of the following types of the budget is followed by the Government of India?

• A. Legislative Type of Budget
• B. Executive Type of Budget
• C. Boar/Commission Type of Budget
• D. All the above
• E. None of the above

Answer 1

The correct option is B

Executive Type of Budget

An executive budget is the one which is prepared by the executive branch of the government. Such a budget is normally passed and adopted by the legislature but the initiative is in the hand of government.