CUET Economics 2026 13th May Shift 1Macro > EasyFinancial Responsibility and Budget Management ActFiscal Risk and Budget Management ActFiscal Responsibility and Budget Management ActFiscal Revenue and Budget Management Act✅ Correct Option: 3Related questions:1 June Shift 1Which of the following is not true regarding Goods and Services Tax (GST) ?30 May Shift 1Arrange the steps involved in preparation of the government budget. (A) Discussion and approval by the parliament. (B) Preparation of budget by the Ministry of Finance. (C) Implementation by the government. (D) Approval by the Cabinet. Choose the correct answer from the options given below:14 May Shift 1The excess of Government's Revenue Expenditure over Revenue Receipts is called............... Revenue Deficit Fiscal Deficit Monetary Deficit Primary Deficit