Multiple Choice Questions on Annual Budget in Indian Constitution is mentioned as ........ for CDS Exam Preparation

Budgeting and Fiscal policy

Indian Economy (CDS)

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Indian Economy - Understanding the basics of Indian economic system

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    Annual Budget in Indian Constitution is mentioned as-

    Annual Financial Statement

    Correct Answer

    Budget Of GOI

    Incorrect Answer

    Annual Budget of Indian Union

    Incorrect Answer

    Finance Bill

    Incorrect Answer
    Explanation:

    First option is correct.

    Annual Budget in Indian Constitution is mentioned as Annual Financial Statement.
    An annual budget is any budget that is prepared for a 12-month period. An annual budget outlines both the income and expenditures that are expected to be received and paid over the coming year. Annual budgets are used by individuals, corporations, governments and various other types of organizations.


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