DMPQ: What is Government budget? What are the components of the Government budget? (ECONOMY)

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:  Government budget is the annual financial statement presented by the finance minister which contains the following figure:

  1. Actual estimate for FY 2017-18
  2. Budget estimate for FY 2018-19 and Revised estimate for FY 2018-19
  3. Budget estimate for FY 2019-2020

 

The budget is divide into two parts:

 

  1. Revenue budget
  2. Capital budget