Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Government Budget and Economy

Question:

What is an annual statement of the estimated receipts and expenditure of the government for a given fiscal year called as?

Options:

Account

Expenditure

Budget

Income estimates

Correct Answer:

Budget

Explanation:

An annual statement of the estimated receipts and expenditure of the government for a given fiscal year is called as budget.