Government Budget
ICSE · Class 12 · Economics
Most important questions from Government Budget for ICSE Class 12 Economics board exam 2026. MCQs, short answer, and long answer questions with marks.
Interactive on Super Tutor
Studying Government Budget? Get the full interactive chapter.
Quizzes, flashcards, AI doubt-solver and a step-by-step study plan — built for important questions and more.
1,000+ Class 12 students started this chapter today
Sample Questions
Under which article is the Annual Financial Statement laid before Parliament?
Show answer
Article 112
Under Article 112 of the Constitution, a statement of estimated receipts and expenditure has to be laid before Parliament.
What is the financial year for the Indian budget?
Show answer
April 1 to March 31
The financial year for the Indian budget runs from April 1 to March 31.
Which three parts show the receipts and payments of government in the budget?
Show answer
Consolidated Fund of India, Contingency Fund of India and Public Account
The receipts and payments are shown under the Consolidated Fund of India, Contingency Fund of India and Public Account.
Which fund contains all revenues received and loans raised by the government?
Show answer
Consolidated Fund of India
All revenues received and loans raised by the government form the Consolidated Fund of India.
+66 more questions available
Practice AllFrequently Asked Questions
What are the important topics in Government Budget for ICSE Class 12 Economics?
How to score full marks in Government Budget — ICSE Class 12 Economics?
How many important questions are there in Government Budget?
Sources & Official References
Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
More resources for Government Budget
Practice Quiz
Test yourself with a quick quiz
Revision Notes
Key points for last-minute revision
Formula Sheet
All formulas in one place
Chapter Summary
Understand the chapter at a glance
Concept Maps
See how topics connect visually
Study Plan
Step-by-step plan to ace this chapter
Flashcards
Quick-fire cards for active recall
Syllabus
What topics to cover
NCERT Solutions
Every textbook question solved step by step
For serious students
Get the full Government Budget chapter — for free.
Quizzes, flashcards, AI doubt-solver and a step-by-step study plan for ICSE Class 12 Economics.