BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

ACCOUNTING FOR MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The information of budget 2021 is important to prepare the budget of 2022. This situation is relate to the
A
Timely
B
Relevance
C
Complete
D
Comparable
Explanation: 

Detailed explanation-1: -Expenditure: The government proposes to spend Rs 39, 44, 909 crore in 2022-23, which is an increase of 4.6% over the revised estimate of 2021-22. In 2021-22, total expenditure is estimated to be 8.2% higher than budget estimate.

Detailed explanation-2: -The budget proposals are on six pillars: Health and well-being. Physical & Financial Capital, and Infrastructure. Inclusive development for Aspirational India. Reinvigorating Human Capital.

Detailed explanation-3: -This year’s Budget lays focus on the seven pillars for reviving the economy – Health and Wellbeing, Physical and Financial Capital and Infrastructure, Inclusive Development for Aspirational India, Reinvigorating Human Capital, Innovation and R&D, and Minimum Government Maximum Governance.

Detailed explanation-4: -Every year the Budget is presented by the government of India. This year also by the Minister of Finance the budget 2023 will be released. The union budget 2023 will be presented by our finance minister Nirmala Sitaraman.

There is 1 question to complete.