GK
INVENTIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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When was the union budget of 2020-21 presented in the parliament?
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March 5, 2020
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Feb 1, 2020
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Feb 29, 2020
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None of the above
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Explanation:
Detailed explanation-1: -The Union Budget for 2020-21 was presented on Saturday, the 1st of February, 2020.
Detailed explanation-2: -The Union Budget 2023-24 is to be presented on 1st February, 2023. All the 14 Union Budget documents, including the Annual Financial Statement (commonly known as Budget), Demand for Grants (DG), Finance Bill etc.
Detailed explanation-3: -Expenditure: The government proposes to spend Rs 30, 42, 230 crore in 2020-21, which is 12.7% higher than the revised estimate of 2019-20. Receipts: The receipts (other than net borrowings) are expected to increase by 16.3% to Rs 22, 45, 893 crore, owing to higher estimated revenue from disinvestments.
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