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State Whether the Following Statement is True Or False. Financial Year in India is Leap Year. - Economics

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प्रश्न

State whether the following statement is true or false.

Financial year in India is leap year.

विकल्प

  • True

  • False

MCQ
सत्य या असत्य
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उत्तर

Financial year in India is leap year. - False
Explanation:
The above statement is incorrect. Leap year is a year containing 366 days and comes after every four years. Whereas, the financial year is from 1st April to 31st March of every year and contains either 365 or 366 days. Thus, it is not necessarily a leap year.

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अध्याय 9: National Income - Exercise 1 [पृष्ठ ७९]

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मायकल वाझ Economics [English] 12 Standard HSC
अध्याय 9 National Income
Exercise 1 | Q 3.4 | पृष्ठ ७९
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