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The Railway Budget of India is:

  1. A
    A part of the Union Budget
  2. B
    A part of the State Budget
  3. C
    Separate from the Union Budget
  4. D
    None of the above

Solution & Step-by-step Explanation

The Railway Budget was separated from the General Budget in 1924 based on the recommendations of the Acworth Committee. However, the Government of India merged the Railway Budget back into the Union Budget starting from the financial year 2017-18. Hence, it is currently a part of the Union Budget.

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The Railway Budget of India is:
A
A part of the Union Budget
B
A part of the State Budget
C
Separate from the Union Budget
D
None of the above

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