Economics · Public Finance - Budget
Match List-I with List-II concerning budgetary terminology: List I A. Actual Estimates B. Provisional Estimates C. Budget Estimates D. Advance Estimates List II I. Estimates of the coming financial year. II. Estimates of revenue and expenditure of the current financial year. III. Estimates of expenditure and receipts of the preceding financial year. IV. These estimates are made before the actual occurrence of economic activity. Choose the correct answer from the options given below:
- 1(A) - (III), (B) - (IV), (C) - (I), (D) - (II)
- 2(A) - (IV), (B) - (II), (C) - (I), (D) - (III)
- 3(A) - (III), (B) - (II), (C) - (I), (D) - (IV)✓
- 4(A) - (I), (B) - (II), (C) - (III), (D) - (IV)
Correct answer
(A) - (III), (B) - (II), (C) - (I), (D) - (IV)
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