Political Science · Indian Polity
Consider the following statements and choose the correct option.
- Statement I: The Railway Budget was merged with the General Budget in the year 2017
- Statement II: The convention of presenting the Indian budget in Parliament at 5:00 PM was abandoned in the year 1999
ABoth Statement I and Statement II are correct ✓ Correct
BBoth Statement I and Statement II are incorrect
CStatement I is correct but Statement II is incorrect
DStatement I is incorrect but Statement II is correct
Correct answer: (A) Both Statement I and Statement II are correct — Both statements are correct, so the answer is that Statement I and Statement II are both true.
Explanation
★Both statements are correct, so the answer is that Statement I and Statement II are both true.
★The Railway Budget was merged with the General Budget from 2017.
★This ended the practice of a separate railway budget that had continued for decades.
★The colonial-era convention of presenting the budget at 5:00 PM was dropped in 1999.
★Since then the budget has been presented in the forenoon.
★Both reforms modernised the budget process in India.
★So both these statements about the budget are correctly stated.
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