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? 1. Estimates of revenue and capital receipts. 2. Ways and means to raise the revenue. 3. Estimates of expenditure.
A
Only 3
B
Only 1
C
Only 2
D
1, 2 and 3
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Solution
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Correct option is D. 1, 2 and 3
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