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Q: According to Article___of the Indian Constitution, the Union Budget of a year, also referred to as the Annual Financial Statement, is a statement of the estimated receipts and expenditure of the government for that particular year.
  • A. 101
  • B. 112
  • C. 100
  • D. 98
Correct Answer: Option B - According to Article 112 of the Indian Constitution, the Union Budget of a year, also referred to as the Annual Financial Statement, is a statement of the estimated receipts and expenditure of the government for that particular year.
B. According to Article 112 of the Indian Constitution, the Union Budget of a year, also referred to as the Annual Financial Statement, is a statement of the estimated receipts and expenditure of the government for that particular year.

Explanations:

According to Article 112 of the Indian Constitution, the Union Budget of a year, also referred to as the Annual Financial Statement, is a statement of the estimated receipts and expenditure of the government for that particular year.