CUET Preparation Today
“In India, financial year and fiscal year are the same.” Which of the following options is true in regards to the above statement? |
The statement is true The statement is false In India Financial Year is fixed but fiscal year keeps on changing In India fiscal year is fixed but Financial Year keeps on changing |
The statement is true |
The correct answer is Option 1: The statement is true Fiscal year is 1 April to 31 March. And financial year is 1 April to 31 March. So, they are basically same in India. |
