issb pakistan affairs MCQ #137

Pakistan's national fiscal year begins on

issb pakistan affairs MCQ #137

  1. Question 1

    Q1. Pakistan's national fiscal year begins on

    • A) 1 July and ends on 30 June
    • B) 1 January and ends on 31 December
    • C) 1 April and ends on 31 March
    • D) 1 October and ends on 30 September

    Answer: 1 July and ends on 30 June

    Explanation: Budget and government accounts follow a July to June cycle inherited from British practice. The calendar year is not used for the federal budget.