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The Union Budget of India is also known as:
- a)Fiscal Statement
- b)Economic Plan
- c)Annual Financial Plan
- d)None of the above
Correct answer is option 'C'. Can you explain this answer?
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Most Upvoted Answer
The Union Budget of India is also known as:a)Fiscal Statementb)Economi...
Explanation:
- Union Budget of India: The Union Budget of India is an annual financial statement presented by the Government of India in Parliament, detailing the revenue and expenditure of the upcoming fiscal year.
- Also Known As: The Union Budget of India is also known as the Annual Financial Plan.
- Fiscal Statement: The Union Budget can also be referred to as a Fiscal Statement as it outlines the government's finances for the upcoming year.
- Economic Plan: While the Union Budget does include economic planning elements, it is more commonly known as the Annual Financial Plan.
- None of the Above: This option is incorrect as the Union Budget is indeed known as the Annual Financial Plan.
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The Union Budget of India is also known as:a)Fiscal Statementb)Economic Planc)Annual Financial Pland)None of the aboveCorrect answer is option 'C'. Can you explain this answer?
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