A) It is a monthly financial statement of estimated receipts and expenditures of the Government of India in a financial year.
B) It is an annual financial statement of estimated expenditures of the Government of India in respect of each financial year.
C) It is quarterly financial statement of estimated receipts of the Government of India in respect of each financial year.
D) It is an annual financial statement of estimated receipts and expenditures of the Government of India in respect of each financial year.
E) None of these
Correct Answer: D
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