The Union Budget is presented in the ________ by the Finance Minister of India.
Lok Sabha
Lok Sabha is correct.
The Union Budget is the Annual Financial Statement of the Government of India under Article 112 of the Constitution. The Finance Minister presents it in the Lok Sabha.
Money Bills and the Finance Bill can be introduced only in the Lok Sabha (Article 109 and 110). After the speech in the Lok Sabha, the budget papers are laid before the Rajya Sabha, which can only recommend changes.
Legislative Assemblies pass State budgets, and there is no joint sitting with the President for presenting the budget.
The Fiscal Responsibility and Budget Management (FRBM) Act was enacted in which year in India?
The difference between total expenditure and total receipts excluding borrowings of the government is called _____.
What is the primary goal of India’s Fiscal Responsibility and Budget Management (FRBM) Act of 2003?
The first Economic Survey of India was presented in ______.
As announced in the Union Budget of FY 2022, how many pilot projects are to be set up for coal gasification?
What is the approximate amount to be mobilised for the National Highways Network expansion as per the Union Budget 2022-23?
Which of the following budget was primarily focused on the I.T sector and promoting India as a major software hub?
What name did the Delhi government give to the annual financial statement "Budget" in the year 2021?