The correct answer is: Budget formulation, Tax administration, Expenditure management.
The Bihar Finance Department is responsible for the formulation of the state budget, which is a document that outlines the government’s spending and revenue plans for the coming year. The department is also responsible for tax administration, which is the collection of taxes from businesses and individuals. Finally, the department is responsible for expenditure management, which is the process of ensuring that government spending is aligned with the budget.
Tourism promotion, religious affairs, and law enforcement are not within the purview of the Bihar Finance Department. Tourism promotion is the responsibility of the Bihar Tourism Department, religious affairs are the responsibility of the Bihar Department of Religious Affairs, and law enforcement is the responsibility of the Bihar Police.
The Bihar Finance Department is a key player in the state’s economy. The department’s work is essential to ensuring that the state has the resources it needs to provide essential services to its citizens. The department’s work also helps to promote economic growth and development.