Guillotine in budgetary procedure refers to:

CA Foundation · Business Economics · MTP · September 2025
Guillotine in budgetary procedure refers to:
(A) A. Cancelling debt
(B) B. Reducing tax rates
(C) C. Voting on all pending demands at once
(D) D. Cutting grants to states

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Voting on all pending demands at once

Topics: Public Finance

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