Question

Which of the following Budget documents is not presented to the Parliament, besides the Finance Minister’s Budget Speech?

A Annual Financial Statement (AFS) Correct Answer Incorrect Answer
B Demands for Grants (DG) Correct Answer Incorrect Answer
C Finance Bill Correct Answer Incorrect Answer
D Expenditure Budget Correct Answer Incorrect Answer
E Loan Budget Correct Answer Incorrect Answer

Solution

1. The list of Budget documents presented to the Parliament, besides the Finance Minister’s Budget Speech, is given below: A. Annual Financial Statement (AFS) B. Demands for Grants (DG) C. Finance Bill D. Fiscal Policy Statements mandated under FRBM Act: i. Macro-Economic Framework Statement ii. Medium-Term Fiscal Policy cum Fiscal Policy Strategy Statement E. Expenditure Budget F. Receipt Budget G. Expenditure Profile H. Budget at a Glance I. Memorandum Explaining the Provisions in the Finance Bill J. Output Outcome Monitoring Framework K. Key Features of Budget 2023-24 L. Implementation of Budget Announcements, 2022-2023.

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