MPSC PYQCurrent Affairsmarathi
What is the meaning of 'guillotine' in the Indian Budget Process? a. Raising taxes to fill Government deficits. b. Remaining budgetary demands for grants are put to vote without further discussion. c. Reserve Bank's support during financial crises. d. Rejection by the Parliament at the end of the budget. Which of the statement given above is/are correct?
A.Only b
B.Only c and d
C.Only a, b and c
D.Only a
Correct answer: A