Question : Which of the following is an objective of the Government Budget?
A) GDP Growth
B) Reallocation of Resources
C) Balanced Regional Growth
Option 1: Only A
Option 2: All of the above
Option 3: Only A and C
Option 4: Only B
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Correct Answer: All of the above
Solution : The correct answer is All of the above.
According to Article 112 of the Indian Constitution, a government budget is an annual financial statement of the estimated revenues and expenditures of the government during a fiscal year. The government budget's various goals include redistributing resources. lowering wealth and income disparities. Any government must create a budget because it distributes resources across the country to guarantee stability and economic growth.
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