Home › Bihar Board Class 12 (Arts) › Economics › Government Budget and the Economy › The main budget document is officially called the
The main budget document is officially called the
AAppropriation Account
BAnnual Financial Statement
CFinance Bill Document
DEconomic Survey Report
Answer & Solution
Correct answer: B. Annual Financial Statement
The Annual Financial Statement of estimated receipts and expenditure is the main budget document placed before Parliament.
Related questions
Since 1997-98, which deficit measure has no longer been shown in India's budget?A high fiscal deficit need not be inflationary whenA common criticism of deficits is that they areWithout any change in fiscal policy, the budget deficit tends toDebt owed to foreigners is a real burden becauseGovernment bonds competing with corporate bonds for savings can push out private borrowersUnder Ricardian equivalence, higher government dissaving from a deficit leads toWho first argued that people save more when faced with high deficits, giving Ricardian equ