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      Question

      Which of the following are the recent reforms taken by

      the Government? I- Improved fiscal transparency and realistic revenue assumptions in the Budget II- Discontinuation of Plan-Non plan classification III- Merger of railway Budget with the Main Budget IV- Shifting the date of the Budget to 1 February
      A I & II Correct Answer Incorrect Answer
      B II & III Correct Answer Incorrect Answer
      C I, II, & III Correct Answer Incorrect Answer
      D II, III, & IV Correct Answer Incorrect Answer
      E I, II, III, & IV Correct Answer Incorrect Answer

      Solution

      Major reforms in the Union budget over the last few years β€’ Improved fiscal transparency and realistic revenue assumptions in the Budget β€’ Discontinuation of Plan-Non plan classification β€’ Merger of railway Budget with the Main Budget β€’ Shifting the date of the Budget to 1 February

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