Question : Who announce budget in India?
Option 1: Minister of Finance
Option 2: RBI governor
Option 3: Prime Minister of India
Option 4: Finance Minister
Correct Answer: Finance Minister
Solution : The correct answer is (d) Finance Minister.
The Finance Minister of India, who is a part of the central government, presents the annual budget in the Parliament. The budget presentation takes place in the Lok Sabha (the lower house of the Parliament) on a designated day, usually at the beginning of February. The Finance Minister outlines the government's fiscal policies, revenue and expenditure plans, and other financial matters for the upcoming financial year.
The Finance Minister plays a crucial role in formulating and presenting the budget, which is a significant event in the country's fiscal calendar. The budget announcement provides insights into the government's priorities, policy initiatives, and resource allocations for various sectors.
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