Indian Polity · Polity
Arrange the following stages of the state budgetary and financial process in their logical sequence of occurrence as per the constitutional and administrative framework: I. The Legislative Assembly discusses and approves the annual budget. II. The Finance Minister formally presents the state budget to the legislature. III. The Chief Minister fundamentally shapes the underlying financial policy, fiscal discipline, and resource allocation. IV. The Governor provides approval for the annual state budget to be presented to the legislature. Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1II, III, IV, I
- 2III, II, IV, I
- 3III, IV, II, I✓
- 4IV, III, II, I
Correct answer
III, IV, II, I
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