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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


Team Careers360 7th Jan, 2024
Answer (1)
Team Careers360 17th Jan, 2024

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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