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HomeUPSC CSEEconomicsIndian Economy › India's financial year runs from:

India'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: NCERT Class 12 Introductory Macroeconomics, Chapter 5, Government Budget and the Economy._
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