Question:
Budget is the
Budget is the
Updated On: Oct 4, 2024
- Proposal of taxation
- Annual financial statement
- Appropriation bill
- None of these
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The Correct Option is B
Solution and Explanation
The budget is primarily defined as an Annual Financial Statement. It outlines the government's expected revenue and expenditures for the upcoming fiscal year. In many countries, including India, the budget is presented annually and serves as a key tool for economic planning and financial management.
The correct answer is (B) : Annual financial statement
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