Join ExamsbookAnswer : 3. "Madhya Pradesh"
Which state has become the first Indian state to shift to to January to December financial year ?5
Q: Which state has become the first Indian state to shift to to January to December financial year ?
- 1Telanganafalse
- 2Haryanafalse
- 3Madhya Pradeshtrue
- 4Uttar Pradeshfalse
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Answer : 3. "Madhya Pradesh"
Explanation :
Answer: C) Madhya Pradesh Explanation: Madhya Pradesh has become the first Indian state to announce shifting of its financial year format to January-December starting from 2018, as against the current practice of April-March cycle. The decision has recently taken by the state government in its state cabinet meeting, which was chaired by Chief Minister Shivraj Singh Chouhan. Thus, the budget session of the next financial year would be held in December-January 2018.