Union Budget 2026: The Knowledge Test Please enable JavaScript in your browser to complete this form.Please enable JavaScript in your browser to complete this form. - Step 1 of 3Name *FirstLastOrganisation/Firm Name *Email *Phone *NextAre you an ICAI Member? *YesNoICAI Membership NumberNextWho presented the first union budget of Independent India? *Mahatma GandhiRK Shanmukham ChettyPandit Jawaharlal NehruDr. B. R. AmbedkarWhat is the difference between revenue receipt and revenue expenditure known? *Revenue DeficitProfitLossNone of theseWhich Indian state is the first to present a paperless Budget in the Assembly? *MaharashtraAssamKeralaUttar PradeshWhich bills are presented in the Union budget? *Bill of AppropriationBill of FinanceBoth of themNone of themWhat is the Actual name of the union budget? *Annual financial statementFinancial statement of CountryP&L AccountNone of theseIn the history of India, who has presented the Union Budget in Parliament the maximum number of times? *RK Shanmukham ChettyMahatma GandhiPandit JawaharlalMorarji Desai known? expenditure woman? The Union Budget of India was presented for the first time by which woman? *Nirmala SitharamanPratibha PatilIndra GandhiNone of themWho has presented the most consecutive budgets? *Nirmala SitharamanPratibha PatilManmohan SinghMorarji DesaiPrimary deficit equals: *Fiscal deficit minus revenue deficitFiscal deficit minus interest paymentsRevenue deficit minus subsidiesTotal expenditure minus capital receiptsSubmit
