alleryIndia's financial year runs from:
A1 October to 30 September
B1 April to 31 March
C1 January to 31 December
D1 July to 30 June
Answer & Solution
Correct answer: B. 1 April to 31 March
1. The budget covers one financial year.
2. It runs from 1 April to 31 March.
3. Its effects last into later years.
_Source: syllabus Introductory Macroeconomics, Chapter 5, Government Budget and the Economy._
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