1.

Consider the following statements—1. Budget is an economic horoscope of the country2. Budget is a political document which provides a glimpse of entire philosophy of Government3. Budget is formulated by Legislature4. The budget is the nut-bolts of Public PolicyWhich of the above are characteristics of Budget ?

A. 1 and 2
B. 1, 2 and 4
C. 1, 2 and 3
D. 2, 3 and 4
Answer» C. 1, 2 and 3


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