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  9. Q56

APSC CCE 2023 · Question 56 of 163

Pick up the wrong statement/statements regarding an Interim Budget in India. (i) It provides continuity in governance during transition period between two governments. (ii) The government cannot propose major taxes or policy reforms in the Budget. (iii) The 'Economic Survey' is presented one day before the presentation of the Interim Budget. (iv) It is an authorization for incurring specific expenditure necessary until a new government is formed. Select the correct answer using the codes given below.

Indian Economy

  1. A(i) only
  2. B(i) and (ii) only
  3. C(iii) onlyCorrect
  4. D(iii) and (iv) only

Answer: C. (iii) only

Explanation

No full Economic Survey is presented before an Interim Budget in an election year, so (iii) is the wrong statement; the rest correctly describe an interim budget.

Source: APSC CCE Prelims 2023 GS Paper-I, official Series-A key

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