A government budget: [1]
A. is a statement of actual expenditure and receipts of the government for a financial year.
B. is a statement of expected receipts and expenditure of the government.
C. indicates the BOP status of the economy.
D. detailed discussion of the achievements of the government during the five year plans.
Answer:B
A government budget: [1]
A. is a statement of actual expenditure and receipts of the government for a financial year. B. is a statement of expected receipts and expenditure of the government. C. indicates the BOP status of the economy. D. detailed discussion of the achievements of the government during the five year plans.