ECONOMIC SURVEY & BUDGET

Why is the Economic Survey and Budget Important?

The Economic Survey presents the current state of the Indian economy, which is usually presented in the Parliament by the Finance Ministry a day before the Union Budget. It reviews the economic development of the previous year and presents the economic outlook for the current financial year. The budget is a tool for managing the country's financial resources, which contains details of the government's income and expenditure for the current financial year. There is a trend of asking a large number of questions from here directly and indirectly in the examination.

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