| Directions : Read the following statements: Assertion (A) and Reason (R). Choose one of the correct alternative. |
| Assertion (A): Budget is prepared at centre, state and local level. |
| Reason (R): State budget is known as Union Budget. |
A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
B) Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A).
C) Assertion (A) is true but Reason (R) is false.
D) Assertion (A) is false but Reason (R) is true.
Correct Answer: C
Solution :
[c] Assertion (A) is true but Reason (R) is false.
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