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What is meant by Union budget? - Economics

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Question

What is meant by Union budget?

Very Short Answer
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Solution

Union budget is the budget prepared by the central government for the entire country, showing estimated receipts and expenditures for a financial year.

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Chapter 17: Government Budget - TEST YOURSELF QUESTIONS [Page 344]

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Frank Economics [English] Class 12 ISC
Chapter 17 Government Budget
TEST YOURSELF QUESTIONS | Q 5. | Page 344
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