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TIME LIMIT IS 9-12 MINUTES WARNING BELL WILL RING ON THE COMPLETION OF 9 MINUTE RESULT OF JURY MEMBER WILL BE THE FINAL RESULT
ORIGEN & HISTORY
The first general budget of India was presented by the India's first Finance Minister Sir R.K. Shan mugham Chetty on November 26, 1947. Since then, 28 Union Finance Ministers have been presenting the budget every year. Initially, much attention was given to the agricultural sector but as later on, the focus shifted to the other sectors including the industrial, financial and other sectors. Passing of Budget The annual India budget has to be passed by the House of the parliament before it can come into effect on April 1, the start of India's financial year. The Indian parliament has one month to review and modify the government's budget proposals. If by April 1, the parliamentary discussion of the budget has not been completed, the budget as proposed by the minister of finance goes into effect and subject to retroactive modifications after the parliamentary review.
THIS TIME IS FOR FUN; SMART