Question :
Directions Rearrange the following five sentences (A), (B), (C), (d) and (E) in the proper sequence to form a meaningful paragraph; then answer the questions given below them.
A. The new system will eliminate the need for the executive to obtain a vote-on-account budget approval to incur expenditure during the first two months, which normally is in the second fortnight of May.
B. With annual financial resources approved and bestowed on April 1, a more planned and regulated expenditure profile during the year is expected.
C. The Cabinet has decided in principle to advance the presentation of the Union Budget by a month, from February to January.
D. The objective is to have the Budget constitutionally approved by Parliament and assented to by the President, and all allocations at different tiers disseminated to budget-holders, before the financial year begins on April 1.
E. The aim is that all spending authorities within the system and those financially dependent on the Centre be in a position to work out their activities with assured resources in the beginning of the year itself.
Which of the following sentences should be the FOURTH after rearrangement?
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