📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    The Annual Financial Statement distinguishes the

    expenditure on which of the following account from the expenditure on other accounts, as is mandated in the Constitution of India?
    A Revenue account Correct Answer Incorrect Answer
    B Debt Account Correct Answer Incorrect Answer
    C Public Account Correct Answer Incorrect Answer
    D Market Account Correct Answer Incorrect Answer
    E Consolidated Account Correct Answer Incorrect Answer

    Solution

    The Annual Financial Statement distinguishes the expenditure on revenue account from the expenditure on other accounts, as is mandated in the Constitution of India.

    Practice Next
    More Banking System in India Questions
    ask-question