question_answer

As we all know, the Ministry of Finance every year prepares the Union Budget and presents it to the Parliament. Which of the following is/are the elements of the Union Budget?

I. Estimates of revenue and capital receipts

II. Ways and means to raise the revenue

III. Estimates of expenditure

Select the correct answer using the codes given below

A) Only I              

B) Only II

C) Only III            

D) All of the above

E) None of the above