Budget is nothing however a declaration of expenditure and income. Based on Article 112 associated with Constitution, “the Union Government lays a statement of the approximated receipts and spending for that 12 months, from April 1 to March 31, before both the homes of Parliament”.
The word spending plan comes from the old word that is french which means that bag. It really is a quantified financial plan for current, previous and future income and expenditure of this Central Government.
50 GK Questions on Union Budget & Economic Survey
1. Which associated with the after declaration is proper about Budget?
We. It really is a declaration of budget for the period that is future aiming proposed expenditure and way of funding it.
II. Article 111 of this Constitution calls for the federal government presenting to Parliament a declaration of calculated receipts and spending according of each economic year.
Choose correct one:
D. Neither I nor II
2. Which for the following is related into the process Green’ objective?
A. Creation of tomato, onion and potatoes
B. Creation of tomato, chili and potatoes
C. Creation of pulses, onion and potatoes
D. Creation of tomato, pulses and rice
3. Which for the policy that is followingYojna) bring 5 lakh acres under natural agriculture?
A. Shyama Prasad Mukherji Rurban Mission
B. Pramaparagat Krishi Vikas Yojna