Budget is absolutely nothing but a declaration of earnings and spending. Relating to Article 112 regarding the Constitution, “the Union Government lays a statement of their approximated receipts and spending for that 12 months, from April 1 to March 31, before both the homes of Parliament”.
The expression spending plan hails from the old word that is french this means bag. It really is a quantified economic plan for current, previous and future income and spending associated with Central Government.
50 GK Questions on Union Budget & Economic Survey
1. Which associated with after declaration is proper about Budget?
We. It really is a statement of budget for the future period, aiming proposed expenditure and way of funding it.
II. Article 111 associated with the Constitution calls for the federal government to provide to Parliament a declaration of predicted receipts and spending according of each and every economic 12 months.
Select correct one:
D. Neither I nor II
2. Which for the following is related to your process Green’ objective?
A. Creation of tomato, onion and potatoes
B. Creation of tomato, chili and potatoes
C. Manufacturing of pulses, onion and potatoes
D. Creation of tomato, pulses and rice
3. Which associated with policy that is followingYojna) bring 5 lakh acres under natural agriculture?
A. Shyama Prasad Mukherji Rurban Mission
B. Pramaparagat Krishi Vikas Yojna
C. Pradhan Mantri Krishi Sichai Yojna
D. PM Fasal Bima Yojna
4. Which Bill had been proposed become moving to fix issues in infrastructure contracts, PPP and Public Utilities? < Read More