In India, the Constitution requires the Central Government to prepare 'Annual Financial Statement', i.e. government budget for the country as a whole. In India, ________ department of government prepares annual budget statement.
- RBI.
- income tax.
- accounts.
- finance.
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- finance.
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Similar Questions
- 1View Solution________ is equal to fiscal deficit less interest payment.
- 2View SolutionFiscal deficit is always equal to_________.
- 3View SolutionRecovery of loans, borrowing and disinvestment etc. are the example of _______ receipts.
- 4View SolutionThe receipts which neither create any liability nor lead to any reduction in asset are called _________.
- 5View SolutionA deficit budget in one where the estimate revenue is ______ than the estimated expenditure.
- 6View Solution_______ is the year which begins on 1st April and ends on 31st March of the following year.
- Current year.
- Fiscal year.
- New year.
- None of these.
- 7View SolutionFill in the blank with the correct formula.
Fiscal deficit can be estimated using the formula ________. - 8View SolutionValue added tax is an example ______ of tax.