1 of 10 〉
In which of the following year was the budget system introduced for the first time in India?
1867
1860
1897
1890
Answer: 1860 Explanation:James Wilson, the British economist, presented the first-ever budget in India in 1860. He is credited with introducing a financial budget in India framed by the English model.
2 of 10 〉
Which of the Viceroys started the budget system in India?
Lord Minto
Lord Macualey
Lord Canning
Lord Dalhousie
Answer: Lord Canning Explanation:The introduction of the budget system in India started in the era of Lord Canning, the first Viceroy of India.
1 of 10 〉
What does republic mean in the Indian Constitution?
India is a Union of States
The head of state is elected by people
People have final authority in all the matters
India has parliamentary system of government
Answer: The head of state is elected by people Explanation:'Republic' is a State in which supreme power is held by the people and their elected representatives. It has an elected head of state rather than a monarch.
2 of 10 〉
Which one is not the Component of the Preamble?
Sovereign
Secular
Hostility
Democratic Republic
Answer: Hostility Explanation:The preamble declares India to be a sovereign, socialist, secular, and democratic republic. The objectives stated by the Preamble are to secure justice, liberty, and equality for all citizens and promote fraternity to maintain the unity and integrity of the nation.