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    Question

    Which of the following are the recent reforms taken by

    the Government? I- Improved fiscal transparency and realistic revenue assumptions in the Budget II- Discontinuation of Plan-Non plan classification III- Merger of railway Budget with the Main Budget IV- Shifting the date of the Budget to 1 February
    A I & II Correct Answer Incorrect Answer
    B II & III Correct Answer Incorrect Answer
    C I, II, & III Correct Answer Incorrect Answer
    D II, III, & IV Correct Answer Incorrect Answer
    E I, II, III, & IV Correct Answer Incorrect Answer

    Solution

    Major reforms in the Union budget over the last few years • Improved fiscal transparency and realistic revenue assumptions in the Budget • Discontinuation of Plan-Non plan classification • Merger of railway Budget with the Main Budget • Shifting the date of the Budget to 1 February

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