Which of the following indicates features of budget?

1. It indicates the actual statement of receipts and expenditure of the country.
2. It is a constitutional requirement to present budget before parliament.
3. It impacts the economy through aggregate monetary discipline.
4. It is prepared twice a month and presented once on the 1st of Februrary.

Only 2

Budget is an annual statement of expected receipts and estimated expenditure of the government. It is an estimate and not an actual statement, which is prepared annually. Budget impacts the economy through the fiscal policies of the government which relates to government expenditure and taxation policies.