Question:
Budget is the
Budget is the
Updated On: Oct 4, 2024
- Proposal of taxation
- Annual financial statement
- Appropriation bill
- None of these
Hide Solution
Verified By Collegedunia
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
Was this answer helpful?
0
0
Top Questions on Business Finance
- Match List-I with List-II.
List-I (Characteristic) List-II (Concept) (A) More debt can be used if debt can be raised at a lower rate (I) Cost of debt (B) Since interest is a deductible expense, cost of debt is affected by the tax rate (II) Risk Consideration (C) If a firm’s business risk is lower, its capacity to use debt is higher and vice-versa (III) Tax Rate (D) A public issue of equity may reduce the management’s holding in the company (IV) Control Choose the correct answer from the options given below :- CUET (UG) - 2024
- Business Studies
- Business Finance
- Debt is____cheaper, but more__risky for a business because the payment of interest and the return of principal is obligatory for the business.
- CUET (UG) - 2024
- Business Studies
- Business Finance
- A proper matching of funds requirements and their availability is sought to be achieved by .
- CUET (UG) - 2024
- Business Studies
- Business Finance
- Financial management aims at choosing the best investment and financing alternatives. Its objective is to:
- CUET (UG) - 2024
- Business Studies
- Business Finance
- Identify the role played by Amit in the process of Financial Intermediation, if he has money which he does not want to spend
- CUET (UG) - 2023
- Entrepreneurship
- Business Finance
View More Questions
Questions Asked in MAT exam
- In the following sentence, a part of the sentence is underlined. Beneath each sentence four different ways of phrasing the underlined part are indicated. Choose the best alternative among the four options.
There \(\underline {\text{have}\ \text{been}\ \text{heavy}\ \text{rainfall}}\) yesterday- MAT - 2018
- Sentence Correction
- Who among the following cannot be impeached?
- MAT - 2018
- Politics and Government
- Who is leading the LTTE delegation for the peace process with Sri Lanka?
- MAT - 2018
- International Organizations
- Who was the first UN Secretary General?
- MAT - 2018
- Politics and Government
- Which of the following sources yields the maximum revenue to the Union Government?
- MAT - 2018
- Politics and Government
View More Questions