GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
On which day is the Budget presented to the Parliament?
A
15th March
B
11th April
C
26th January
D
Last day of February
Explanation: 

Detailed explanation-1: -The Union Budget will be presented on February 1. The Economic Survey is likely to be tabled on January 31 after the president’s address, the sources said. The first part of the session would conclude on February 11.

Detailed explanation-2: -Enactment starts form one February and ends on 31 march. In this the finance minister presented the union budget 2023 on 1 February 2023. The bill was passed from the parliament in the month of march.

Detailed explanation-3: -As the budget was presented on the last date of February, it used to be difficult to implement the provisions of the budget from the next financial year which begins on April 1. To get rid of this problem, the budget date was changed and it was presented at the beginning of February instead of the end of February.

There is 1 question to complete.