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Question
Choose the correct answer :
The Government budget is for _________.
Options
(a) Specific period
(b) Unspecific period
(c) Some days
(d) Some weeks
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Solution
The Government budget is for specific period.
Explanation:
A government budget is a financial statement showing item-wise expected government receipts and government payments during a financial year. A financial year is typically for one year. Hence, it can be concluded that the government budget is for specific period.
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