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Question

Rearrange the following steps of the Union Budget preparation in the correct order:
P. The finance minister presents the budget in Parliament
Q. The Ministry of Finance collects estimates from various ministries
R. The budget is passed by both houses of Parliament
S. The Cabinet approves the final draft of the budget

This question was previously asked in
SSC Stenographer 2025 Question Paper (06-Aug-2025) Shift 2
The correct answer is
Q-S-P-R

Understanding the Union Budget Preparation Steps

The preparation of the Union Budget is a structured process involving multiple stages. Let's analyze the given steps and arrange them in the correct chronological order.

Steps in Budget Preparation

The key steps involved in the Union Budget preparation are:

  • Q: Collection of Estimates: The process starts with the Ministry of Finance gathering financial estimates and proposals from various government ministries and departments. This forms the basis for the budget.
  • S: Cabinet Approval: After the Ministry of Finance consolidates these estimates and prepares a draft budget, it is presented to the Union Cabinet for discussion and final approval.
  • P: Presentation in Parliament: Once the Cabinet approves the budget, the Finance Minister presents the Union Budget to the Parliament (usually on the first day of February).
  • R: Parliamentary Passage: Following the presentation, the budget undergoes discussion, scrutiny, and voting in both the Lok Sabha and Rajya Sabha. It must be passed by both houses to become effective.

Correct Sequence Analysis

Based on the standard procedure, the correct sequence is:

  1. Step 1: The Ministry of Finance collects estimates from various ministries (Q).
  2. Step 2: The Cabinet approves the final draft of the budget (S).
  3. Step 3: The finance minister presents the budget in Parliament (P).
  4. Step 4: The budget is passed by both houses of Parliament (R).

Therefore, the correct order is Q-S-P-R.

Final Order Summary

The correct chronological arrangement of the Union Budget preparation steps is:

Q (Collection of estimates) -> S (Cabinet approval) -> P (Presentation in Parliament) -> R (Parliamentary passage).

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