Consider the following steps in Budget Procedure in India:1)The demands for grants of various ministries and departments including railways are considered by the concerned standing committees2)Broad contours of the budget and the principles and policies underlying it are discussed. 3)A cut motion is moved in the Lok Sabha 4)Budget is presented in the House.Which among the following is the correct sequence of the above steps?

• A. 4 2 1 3
• B. 1 2 3 4
• C. 3 1 4 2
• D. 1 2 4 3

Answer: (A)