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Question
The government budget shows the government’s ______.
Options
Actual receipts and expenditure
Estimated receipts and expenditures
Estimated receipts only
Estimated expenditure only
MCQ
Fill in the Blanks
Solution
The government budget shows the government’s estimated receipts and expenditures.
Explanation:-
It is a statement of the government's estimated receipts and expenditures over the course of a financial year.
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Components of Budget
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