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The Union Budget is presented in which house of the Parliament?
  • a)
    Lok Sabha 
  • b)
    Rajya Sabha
  • c)
    Both
  • d)
    None
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
The Union Budget is presented in which house of the Parliament?a)Lok S...
Union Budget Presentation


  • House of the Parliament: Lok Sabha


Detailed Explanation


  • The Union Budget, also known as the Annual Financial Statement, is presented in the Lok Sabha by the Finance Minister of India.

  • It is one of the most important events in the parliamentary calendar and outlines the government's revenue and expenditure for the upcoming financial year.

  • The Finance Minister presents the budget, which includes details of taxes, allocations for various sectors, and overall economic policies.

  • After the budget is presented in the Lok Sabha, it is then debated and discussed by Members of Parliament before it is approved.

  • Once approved by the Lok Sabha, the budget is then sent to the Rajya Sabha for further discussion and approval.

  • Ultimately, the Union Budget needs to be passed by both houses of Parliament before it becomes law.

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The Union Budget is presented in which house of the Parliament?a)Lok Sabhab)Rajya Sabhac)Bothd)NoneCorrect answer is option 'A'. Can you explain this answer?
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