Question : Who announce budget in India?
Option 1: Minister of Finance
Option 2: RBI governor
Option 3: Prime Minister of India
Option 4: Finance Minister
Correct Answer: Finance Minister
Solution : The correct answer is (d) Finance Minister.
The Finance Minister of India, who is a part of the central government, presents the annual budget in the Parliament. The budget presentation takes place in the Lok Sabha (the lower house of the Parliament) on a designated day, usually at the beginning of February. The Finance Minister outlines the government's fiscal policies, revenue and expenditure plans, and other financial matters for the upcoming financial year.
The Finance Minister plays a crucial role in formulating and presenting the budget, which is a significant event in the country's fiscal calendar. The budget announcement provides insights into the government's priorities, policy initiatives, and resource allocations for various sectors.
College Comparison based on Courses, Placement, Rank, Fee
Question : 1 rupee note bears the signature of _________, while other currency notes bear the signature of ________.
Option 1: President of India, governor of RBI
Option 2: Governor of RBI, Finance Secretary
Option 3: Finance Secretary, Governor of RBI
Option 4: None of these
Question : Who chairs the Monetary Policy Committee in India?
Option 1: Union Finance minister
Option 2: Deputy Governor, Reserve Bank of India
Option 3: Comptroller and Auditor General of India
Option 4: Governor, Reserve Bank of India
Question : Who among the following is the executive head of state in India?
Option 1: Prime Minister
Option 2: President
Option 3: Cabinet Secretary
Option 4: Finance Secretary
Question : The Finance Commission in India is appointed by
Option 1: Prime Minister of India
Option 2: President of India
Option 3: Chairman of Rajya Sabha
Option 4: Speaker of Lok Sabha
Question : The Comptroller and Auditor General of India is appointed by the
Option 3: Finance Minister
Option 4: Lok Sabha
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile