WBCS.LIVE practice question

What is the fiscal year period in India?

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. 1st April of a year to 31st March of the next upcoming year.
  2. 1st April to 31st December of the same year.
  3. 1st January to 31st December of the same year.
  4. 1st January of a year to 31st December of the next upcoming year.

Correct answer and explanation

Correct answer: 1st April of a year to 31st March of the next upcoming year.