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State Whether the Following Statement is True Or False. Financial Year in India is from 1st March to 28th February. - Economics

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Question

State whether the following statement is true or false. 

Financial year in India is from 1st March to 28th February. 

Options

  • True

  • False

MCQ
True or False

Solution

Financial year in India is from 1st March to 28th February. - False

Explanation:  The above statement is incorrect. The financial year in India starts from 1st April and ends on 31st March.

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Introduction of Public Economics
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Chapter 14: Public Economics - Exercise 1 [Page 129]

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Micheal Vaz Economics [English] 12 Standard HSC
Chapter 14 Public Economics
Exercise 1 | Q 3.4 | Page 129
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