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The correct answer is option 1: Year. In India, the Comptroller-General of Accounts presents a detailed analytical review of the Union Government Accounts to the Finance Minister once a year.
This report provides a comprehensive overview of the financial activities and transactions of the Union Government for the given year. It includes information on revenue collections, expenditures, borrowings, investments, and other financial aspects.
By presenting this detailed analytical review to the Finance Minister, the Comptroller-General of Accounts ensures transparency and accountability in the financial management of the Union Government. This review helps the Finance Minister in assessing the financial performance and making informed decisions about budget allocations, fiscal policies, and economic planning.
It is important to note that this review is presented annually, allowing for a comprehensive assessment of the Union Government`s financial activities over a longer period. This helps in identifying trends, evaluating the effectiveness of policies, and ensuring the responsible use of public funds.
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