gs1easy

Which one of the following is responsible for the preparation and presentation of the Union Budget to the Parliament?

  1. A.Department of Revenue
  2. B.Department of Economic Affairs
  3. C.Department of Financial Services
  4. D.Department of Expenditure
▶ Answer & Explanation

Correct answer: B. Department of Economic Affairs

The Union Budget is prepared and presented by the Ministry of Finance. Within the Ministry, the Department of Economic Affairs (DEA) is the nodal department responsible for the preparation of the Union Budget. It involves coordinating inputs from various ministries and departments, finalizing budget estimates, and overseeing its presentation to Parliament.

Source: UPSC gs1 2010

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