HomeTestsSearchRankProfile
mediumMCQIndian Competitive Exams2026Indian Polity & Economy
1 mark

The Union Budget presented annually to the Indian Parliament includes which of the following accounting data?

  1. A
    revised estimates for the current year.
  2. B
    budget estimates for the following year.
  3. C
    actual figures of the preceding year.
  4. D
    All of the above

Solution & Step-by-step Explanation

A complete annual financial statement or budget statement in India contains three sets of data columns: Actual figures of the preceding financial year, Revised estimates of the current ongoing financial year, and Budget estimates for the upcoming financial year.

Practice this question

Try it yourself before checking the explanation above.

The Union Budget presented annually to the Indian Parliament includes which of the following accounting data?
A
revised estimates for the current year.
B
budget estimates for the following year.
C
actual figures of the preceding year.
D
All of the above

Share This Question

Public FinanceUnion BudgetFiscal System

Related Questions

easyMCQ

Which one of the following statements is true?

easyMCQ

Which of the following statements is not correct?

easyMCQ

Which one of the following statements is correct?

easyMCQ

The product formed by the reaction of an aldehyde with a primary amine is:

easyMCQ

Which part of the tobacco plant is infected by Meloidogyne incognita?

easyMCQ

The term ecosystem was coined by:

Ready for a Full Test?

Practice with timed mock tests and track your performance across Indian Polity & Economy.

Browse TestsLeaderboard

Discussion