2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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August-July
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July-June
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April-March
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June-May
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Detailed explanation-1: -The accounting year for the Reserve Bank of India was changed to April-March (earlier July-June) from the financial year 2020-21 onwards. Where available, this chapter has been updated beyond March 2022.
Detailed explanation-2: -The accounting year for the Reserve Bank was changed to April-March (earlier July-June) from the financial year 2020-21 onwards.
Detailed explanation-3: -The Indian Financial Year In India, the fiscal year starts on April 1 and ends on March 31. AY 2023-24 will be the review year for FY 2022-23. In certain circumstances, the financial year may vary from the previous year.
Detailed explanation-4: -(a) Accounting year: The accounting year of the Reserve Bank has been changed from ‘July - June’ to ‘April - March’.